Symbol, Intermec Settle Barcode Lawsuit
Written by Evan SchumanSymbol Technologies and Intermec today officially ended their 16-month-old lawsuit that had Symbol accusing Intermec of infringing various Symbol bar code scanning and wireless patents. Without announcing the terms, the companies issued a joint statement that they “have reached an agreement that settles all outstanding intellectual property (IP) disputes between the two companies.”
“Under the settlement agreement, Intermec and Symbol have cross-licensed certain patents, have entered into four-year covenants not to sue with respect to remaining patents, and have released patent infringement damage claims that may have existed on the settlement date or may arise before the covenants expire,” the statement said. Last September, the pair had settled the RFID portion of the dispute, with today’s announcement resolving the non-RFID wireless portion.