ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Oxylabs Sues Bright Data In Patent Infringement Case

Oxylabs filed a lawsuit concerning Bright Data's (formerly Luminati Networks Ltd.) infringement on Oxylabs' Smart Proxy Rotator and web script management patents

MARSHALL, TX / ACCESSWIRE / January 7, 2022 / Oxylabs, a leading global provider of premium proxies and data scraping solutions for large-scale public web data extraction, claims that Bright Data has been infringing upon three patents.

Oxylabs has filed the lawsuit against Bright Data given Oxylabs' belief that its competitor infringes on Oxylabs' patents claiming Smart Proxy Rotator and web script management technologies for the provisioning of web scraping and other business services.

To promote fair, transparent, and legal marketplace practices, Oxylabs seeks to redress the injuries it has suffered and hold Bright Data accountable for its actions. Julius Cerniauskas, Oxylabs' Chief Executive Officer, has commented on the issue:

"Oxylabs is committed to principles of ethics and fairness in the proxy marketplace. That includes respecting valid intellectual property rights. With this lawsuit, we have made it known to Bright Data that it must respect Oxylabs' existing and growing patent portfolio. We believe that Bright Data's unfair business practices stifle innovation and competition, leading to potential market monopolization."

Oxylabs believes that the resolution of this patent-infringement case will result in justice and will restore balance to the market, benefitting all stakeholders of the proxy industry.

The company will continue to protect its technology and reputation utilizing further legal action if necessary. Finally, Oxylabs reaffirms its belief in the importance of a fair market in which innovation thrives through legitimate competition.

About Oxylabs

Oxylabs is a leading global provider of premium proxies and data scraping solutions for large-scale web data extraction. The company's mission is clear: To give every business - whether big or small - access to big data. With unmatched hands-on experience in publicly available web data gathering, Oxylabs is in trusted partnerships with dozens of Fortune 500 companies and global businesses, helping them unearth hidden gems of business intelligence data through state-of-the-art products and technological expertise. For more information, please visit: https://oxylabs.io/.

Media Contacts
Vytautas Kirjazovas
Oxylabs.io
Email: press@oxylabs.io

SOURCE: Oxylabs



View source version on accesswire.com:
https://www.accesswire.com/681437/Oxylabs-Sues-Bright-Data-In-Patent-Infringement-Case

Recent Quotes

View More
Symbol Price Change (%)
AMZN  226.50
-4.32 (-1.87%)
AAPL  271.01
-0.85 (-0.31%)
AMD  223.47
+9.31 (4.35%)
BAC  55.95
+0.95 (1.73%)
GOOG  315.32
+1.52 (0.48%)
META  650.41
-9.68 (-1.47%)
MSFT  472.94
-10.68 (-2.21%)
NVDA  188.85
+2.35 (1.26%)
ORCL  195.71
+0.80 (0.41%)
TSLA  438.07
-11.65 (-2.59%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.