ParTec AG
ISIN: DE000A3E5A34
WKN: A3E5A3
28 October 2024 07:57AM

EQS-Adhoc: ParTec AG: ParTec AG files patent infringement lawsuit against NVIDIA at UPC in Munich

ParTec AG · ISIN: DE000A3E5A34 · EQS - adhoc news
Country: Germany · Primary market: Germany · EQS NID: 2016711

EQS-Ad-hoc: ParTec AG / Key word(s): Miscellaneous/Legal Matter
ParTec AG: ParTec AG files patent infringement lawsuit against NVIDIA at UPC in Munich

28-Oct-2024 / 07:57 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Publication of inside information pursuant to Article 17 of Regulation (EU) No. 596/2014

ParTec AG files patent infringement lawsuit against NVIDIA at UPC in Munich

Munich October 28th, 2024 –ParTec AG (ISIN: DE000A3E5A34 / WKN: A3E5A3) filed a patent infringement lawsuit against NVIDIA Corporation at the Unified Patent Court (UPC) in Munich on October 27, 2024, together with BF exaQC AG. BF exaQC AG is the exclusive licensee and licensing agent of ParTec AG for its patent portfolio. The patents in this suit concern the heart of every computer, the microprocessors used and their cooperation. ParTec, as well as its licensing agent BF exaQC AG, has an extensive patent portfolio in the field of supercomputing and microprocessors. The patents are based on the decades of development and construction of modern supercomputers at ParTec, especially for use in the field of artificial intelligence.

The lawsuit seeks an injunction requiring NVIDIA to refrain from distributing essential products of its GPU product portfolio in patent-protected countries in Europe. In addition, information about the sales activities carried out to date as well as damages is demanded, among other things.

 

 



End of Inside Information

Information and Explanation of the Issuer to this announcement:

Explanatory section

The European patents asserted before the UPC in Munich are also, in their US version, the basis of the patent infringement lawsuit in Texas, USA, which was brought against Microsoft by both companies a few months ago.

About ParTec AG

ParTec AG specializes in the development and manufacture of AI supercomputers based on its modular high-performance computing (HPC) systems and quantum computers (QC) as well as the associated system software ParaStation Modulo and QBridge. The company's range of services also includes consulting and support in all areas of the development, construction and operation of these modern systems. The concept of the dynamic Modular System Architecture (dMSA) is the result of more than ten years of research and was developed by ParTec as a novel system design for massively parallel high-performance computing systems together with Jülich Research Center. The dMSA and the underlying ParaStation Modulo software suite from ParTec have proven especially successful for the complex requirements of massive computing power in artificial intelligence.

 

ParTec AG

Contact:

press@par-tec.com

Tel.: +49 151 70 627011 

www.par-tec.com

 

Investor Relations Manager

edicto GmbH

Dr. Sönke Knop / Doron Kaufmann

partec@edicto.de

+496990550551


28-Oct-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com


Language: English
Company: ParTec AG
Possartstr. 20
81679 Munich
Germany
E-mail: investor-relations@par-tec.com
Internet: www.par-tec.com
ISIN: DE000A3E5A34
WKN: A3E5A3
Listed: Regulated Unofficial Market in Berlin, Frankfurt (Scale), Munich, Tradegate Exchange
EQS News ID: 2016711

 
End of Announcement EQS News Service

2016711  28-Oct-2024 CET/CEST

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Boersengefluester.de (BGFL) provides an overview of the key figures on sales, earnings, cash flow and dividends to help you better assess the fundamental development of the respective companies. All information is entered manually in our database - the source is the respective annual reports. All estimates for future figures are provided by BGFL.

The most important financial data at a glance
  2018 2019 2020 2021 2022 2023 2024e
Sales1 0,00 0,00 8,98 24,81 36,09 95,68 200,00
EBITDA1,2 0,00 0,00 9,45 21,42 17,59 -13,02 0,00
EBITDA-Margin3 0,00 0,00 105,23 86,34 48,74 -13,61 0,00
EBIT1,4 0,00 0,00 9,42 21,14 17,30 -13,31 0,00
EBIT-Margin5 0,00 0,00 104,90 85,21 47,94 -13,91 0,00
Net Profit (Loss)1 0,00 0,00 8,33 14,27 11,20 -17,45 0,00
Net-Margin6 0,00 0,00 92,76 57,52 31,03 -18,24 0,00
Cashflow1,7 0,00 0,00 8,36 -9,77 8,11 19,19 0,00
Earnings per share8 0,00 0,00 1,04 1,78 1,40 -2,18 3,00
Dividend per share8 0,00 0,00 0,00 0,00 1,25 0,00 0,00
Quelle: boersengefluester.de and Company information
Explanation

1 in Mio. Euro; 2 EBITDA = Earnings before interest, taxes, depreciation and amortisation; 3 EBITDA in relation to sales; 4 EBIT = Earnings before interest and taxes; 5 EBIT in relation to sales; 6 Net profit (-loss) in relation to sales; 7 Cashflow from operations; 8 in Euro; Source: boersengefluester.de

Auditor: NPP

All relevant valuation ratios, dates and other investor information on your share at a glance. Good to know: All data comes from boersengefluester.de and is updated daily. This means you are always up to date. You can get brief explanations of the key figures by moving the cursor or mouse over the relevant field.

INVESTOR-INFORMATION
©boersengefluester.de
ParTec
WKN ISIN Legal Type Marketcap IPO Recommendation Plus Code
A3E5A3 DE000A3E5A34 AG 564,00 Mio € 03.07.2023 8FWH4JV4+FQ
* * *
PE 2025e PE 10Y-Ø BGFL-Ratio Shiller-PE PB PCF KUV
19,86 23,50 0,85 49,23 -150,56 29,39 5,89
Dividends
Dividend '2022
in €
Dividend '2023
in €
Dividend '2024e
in €
Div.-Yield '2024e
in %
1,25 0,00 0,00 0,00%
Financial calendar
Annual General Meeting Q1-figures Q2-figures Q3-figures Annual press conference
06.08.2024 21.08.2024 12.06.2024
Performance
Distance 60-days-line Distance 200-days-line Performance YtD Performance 52 weeks IPO
Last Price (EoD)
-5,37%
70,50 €
ATH 246,00 €
-11,20% -19,13% +30,56% +7,63% -37,33%

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