Synventive Molding, Husky settle patent infringement case
The two-year-old patent infringement case between competitors Synventive Molding Solutions Inc. and Hus...
The precise terms have not been disclosed. “While the specific provisions of the settlement are to remain strictly confidential, the parties concluded the dispute on amicable terms,” the companies said in a June 30 press release.
The suit was launched by Peabody, Mass.-based Synventive in June 2008 in U.S. District Court in Burlington, Vt. Synventive alleged that Husky, headquartered in Bolton, Ont., had infringed on three of its patents for valve pin actuators between 1999 and 2003. Husky denied the allegations, and countersued several months later, claiming that the Synventive patents were not valid.