3M, St. Paul, MN, and Illinois Tool Works Inc., Glenview, IL, reached a mutual settlement concerning issues in patent infringement litigation brought by 3M in June 2006 in the U.S. District Court for the District of Minnesota. The case involved 3M’s patent covering its paint preparation system products.
Under the terms of the agreement, ITW acknowledged the validity and enforceability of 3M’s patent rights and has taken a license under 3M patents. In addition, the parties have entered into a supply agreement under which 3M will supply a portion of ITW’s DeKups system. Other specifics of the agreement are confidential.
3M and ITW Reach Settlement Over Patents
3M, St. Paul, MN, and Illinois Tool Works Inc., Glenview, IL, reached a mutual settlement concerning issues in patent infringement litigation brought by 3M in June 2006 in the U.S. District Court for the District of Minnesota. The case involved 3M's patent covering its paint preparation system products.
Under the terms of the agreement, ITW acknowledged the validity and enforceability of 3M's patent rights and has taken a license under 3M patents. In addition, the parties have entered into a supply agreement under which 3M will supply a portion of ITW's DeKups system. Other specifics of the agreement are confidential. ...
Under the terms of the agreement, ITW acknowledged the validity and enforceability of 3M's patent rights and has taken a license under 3M patents. In addition, the parties have entered into a supply agreement under which 3M will supply a portion of ITW's DeKups system. Other specifics of the agreement are confidential. ...
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