Teradyne Robotics and Elite Robots end their cobot software fight with a confidential settlement
Teradyne Robotics, the Teradyne unit that owns Universal Robots, said in a news post on Oct 1 that its legal dispute with Chinese cobot maker Elite Robots has been resolved by mutual agreement on confidential terms. Chief legal officer Jette Withers said the settlement is not an admission by Elite Robots of liability, infringement or the validity of any intellectual property right, and that both sides wanted to avoid the cost of further proceedings. The post does not say whether Elite Robots will change its products or how the German case is closed. MEKAWIRE reported on Apr 28 that Universal Robots had won a preliminary injunction in Hamburg against Elite Robots Deutschland over its software, which this agreement now ends.
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