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Apple sued by New York audio tech company pursuing aggressive patent monetization plan

By Mike Swift ( September 20, 2016, 22:24 GMT | Insight) -- Andrea Electronics, a publicly traded company with a long history of developing audio technology, has filed a suit against Apple in New York federal court alleging that the iPhone and other Apple products infringe three of its patents. While Andrea still develops new technology products, it is also trying to convert its patents into revenue, having borrowed more than $10 million since 2014 "as part of our plan to aggressively pursue patent monetization."Andrea Electronics, a publicly traded company with a long history of developing audio technology, has filed a suit against Apple in New York federal court alleging that the iPhone and other Apple products infringe three of its patents....

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