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Cognex Corporation
Cognex Wins Patent Case against Acacia Research Corporation and Veritec, Inc.
June 14th, 2008
Cognex Corporation (NASDAQ: CGNX) announced that the U.S. District Court in Minnesota has ruled in favor of Cognex in its patent lawsuit against Acacia Research Corporation, Veritec, Inc., VCode Holdings LLC (a subsidiary of Veritec, Inc.), and VData LLC (a subsidiary of Acacia). The ruling by Judge Joan N. Ericksen, issued on May 19th, held that U.S. Patent No. 5,612,524, which claimed to cover a system for capturing and reading 2D symbology codes, is both invalid and unenforceable due to inequitable conduct by the defendants during the procurement of the patent. The court also denied Acacia's summary judgment motion seeking to dismiss a business defamation claim...
Source: Law & Health Weekly (2008-06-14)
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