Agilent Settles Key Intellectual Property Case in China
Agilent Technologies, Inc. (A)
Last agilent technologies, inc. earnings: 2/18 04:05 pm
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Source: Business Wire
EChrom and Pannatek Admit to using Agilent Technology Without Permission,Agree to Pay Damages and Cease Using Agilent Technology SANTA CLARA, Calif.--(BUSINESS WIRE)--Agilent Technologies, Inc. (NYSE: A) today announced that the company has reached agreement with China-based companies EChrom and Pannatek, as well as certain former Agilent employees, regarding an intellectual property dispute related to Agilent gas chromatography technology.“This is an extremely positive outcome for Agilent,” said Konstantina Katcheves, Agilent vice president of intellectual property and deputy general counsel. “IP is the lifeblood of our industry, and Agilent is committed to doing all it can to protect and defend its trade secrets and proprietary technologies. This fundamental value allowed us to pursue this case over the course of several years and overcome many obstacles in order to achieve today’s positive result.”As part of the settlement agreement, EChrom and Pannatek admit that – without Agil
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