Memjet and HP Inc. this morning released a short statement that they have reached a global settlement that includes the dismissal of all current actions between the parties and a cross-license. The terms of the settlement are confidential.
“We are pleased to have reached a settlement with HP,” stated Len Lauer, CEO of Memjet. “We will continue to stay focused on creating innovative printing technology that enables our customers to realize optimal speeds, quality and costs.”
In August 2015, Memjet has a patent infringement lawsuit against Hewlett-Packard in the United States District Court for the Southern District of California. The lawsuit alleges infringement of eight Memjet patents related to its Waterfall printing technology. Memjet’s lawsuit also claimed it is entitled to recover damages resulting from HP’s use of patented technology in HP’s PageWide printer products.
The HP PageWide products using the patented technology, according Memjet, included HP’s Pro X generation of office printers, the T-Series commercial presses, and PageWide XL series products. Memjet also pointed to HP statements around its intention to use PageWide Technology in future wide-format and 3D printers.
Memjet claims to hold several thousand U.S. and foreign patents in the page-wide inkjet printing space.
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