ParTec AG
ISIN: DE000A3E5A34
WKN: A3E5A3
28 October 2024 05:07PM

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

ParTec AG · ISIN: DE000A3E5A34 · EQS - Company News
Country: Germany · Primary market: Germany · EQS NID: 2017529

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

28.10.2024 / 17:07 CET/CEST
The issuer is solely responsible for the content of this announcement.


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

 

Munich, October 28, 2024 – ParTec AG (ISIN: DE000A3E5A34 / WKN:A3E5A3) and its licensing agent BF exaQC AG have filed a patent infringement lawsuit against NVIDIA Corporation at the Unified Patent Court (UPC) in Munich (see ad hoc announcement dated October 28, 2024). The subject of this lawsuit is the infringement of ParTec patents in the use of microprocessors and their cooperation. 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, the lawsuit demands, among other things, disclosure of prior sales activities as well as damages.

ParTec, along with BF exaQC AG, holds an extensive patent portfolio in the field of supercomputing and microprocessors. A core element of the patent portfolio is the dynamic modular system architecture (dMSA) developed and patented by ParTec. Among other things, it can be used to intelligently assign microprocesses of different designs and capabilities, such as CPU and GPU, to each other, even during a calculation. ParTec's dMSA is now used in many of Europe's largest supercomputers and plays the central important role in artificial intelligence supercomputers.

ParTec and NVIDIA began discussions in 2019 about a potential collaboration in the development of GPUs for supercomputers. During this process, ParTec presented its ParaStation software, its most important patents and the dMSA, providing copies of each. A joint development of the use of GPUs was not pursued by NVIDIA. However, in the following years, the two companies collaborated on the construction of various supercomputers, for which NVIDIA supplied GPUs.

As a global leader in supercomputers and quantum computers, ParTec is building a European infrastructure of large and AI-specialized supercomputers, which include NVIDIA products. However, no discussions are currently taking place between ParTec and NVIDIA regarding the supply of GPUs for upcoming projects. NVIDIA has stated that this decision is based on ParTec’s recent lawsuit against Microsoft, NVIDIA’s largest clients according to its own statement, in Texas, USA, concerning the same patents now asserted in Munich. This rejection continues to this day and could have competitive and antitrust implications.

Bernhard Frohwitter, CEO of ParTec, stated, ‘NVIDIA and Microsoft, in particular, utilize our patented dMSA technology, which is essential for the operation of a high-performance AI supercomputing infrastructure. The U.S. currently holds a near-monopoly in this area, which places European companies in a highly dependent position, threatening Europe’s standing as a high-tech location. We cannot accept our technology’s usage while our rights assertion blocks collaboration.

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

phone: +49 151 70 62 70 11 

www.par-tec.com

 

Investor Relations Manager

edicto GmbH

Dr. Sönke Knop / Doron Kaufmann

partec@edicto.de

phone: +49 69 905 505 51

 

 



28.10.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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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: 2017529

 
End of News EQS News Service

2017529  28.10.2024 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

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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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