Intermec Inc. and Symbol Technologies Inc. have reached an agreement that settles all outstanding intellectual property disputes between the two companies
July 19, 2006
Intermec Inc. and Symbol Technologies Inc. have reached an agreement that settles all outstanding intellectual property disputes between the two companies.
The agreement includes:
the cross-licensing of certain patents
four-year covenants not to sue over remaining patents
a release of patent infringement damage claims that may have existed on the settlement date or may arise before the covenants expire.
Specific terms of the agreement are confidential, the companies said.
In March 2005, Symbol filed lawsuits alleging that Intermec was infringing on certain Symbol bar code scanning and wireless patents. Intermec responded by filing counterclaims and a complaint to the U.S. International Trade Commission alleging that Symbol was infringing on certain Intermec bar code scanning patents.
The companies resolved a portion of the dispute in Sept. 2005 that concerned radio frequency identification (RFID). At that time, the companies entered a cross-licensing agreement involving RFID.
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