Hexagon settles outstanding lawsuits
27 March 2007
Hexagons subsidiary ROMER Inc. and FARO Technologies Inc. have reached agreement to settle all outstanding disputes between them. Under the terms of the settlement, patent suits pending in California and Florida, and a lawsuit involving claims of false advertising, will be dismissed.
The patent dispute involved a key feature of articulated arm coordinate measurement machines, the ability to rotate the primary axis indefinitely without encountering a hard stop. The measurement devices are used by engineers to design and inspect a variety of manufactured products.
"We are pleased to see these lawsuits come to an end. We feel that the mutual understanding between us and FARO will work in both parties favour. We will now again focus exclusively on doing what we do best - making metrology products and compete with each other in the marketplace and not in the courtroom", says Ola Rollén, CEO and President of Hexagon AB.
ROMER Inc., and its subsidiary CimCore Corp, designs and manufactures portable coordinate measurement machines. ROMER Inc. is a wholly-owned subsidiary of Hexagon AB.
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Hexagon AB is a global technology group with strong market positions within measurement technologies, polymers and key components. Hexagon's vision is to be number one or number two in each strategic business area. The group has about 8 200 employees in 30 countries and net sales of about 13 500 MSEK.