XEROX SETTLES WITH SHARP OVER PATENTS

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XEROX SETTLES WITH SHARP OVER PATENTS

 user 2007-08-01 at 12:43:00 pm Views: 61
  • #18509

    Xerox Settles Suit With Sharp Over Printer Patents
    AUG 07 — Xerox Corp., the world’s largest maker of high-speed color printers, settled a lawsuit with Sharp Corp. over nine patents covering office-machine technology.Terms of the accord weren’t disclosed. The Xerox patents cover areas such as scanning documents, chargers for print cartridges, pre-programmed dialing for fax machines and a document-handling system. Yesterday, both companies filed court papers seeking to throw out the case.The companies ended the dispute through mediation a little more than a year after the complaint was filed in federal court in Marshall, Texas, according to court papers.Xerox, based in Stamford, Connecticut, had asked the court to order Sharp to stop selling infringing products and to pay Xerox for past violations.Xerox spokesman Mike Moeller declined to immediately comment. Kathleen Carr, a lawyer for Osaka, Japan-based Sharp, didn’t immediately return a call seeking comment.Shares of Xerox, which reported sales of $15.9 billion last year, fell 36 cents to $17.46 at 4:03 p.m. in New York Stock Exchange composite trading. They have risen 5.1 percent this year.The case is Xerox Corp. v. Sharp Corp., 06cv00187, U.S. District Court for the Eastern District of Texas (Marshall). To review the disputed patents through the U.S. Patent and Trademark Office’s Web site, search for patent numbers 6,236,470; 5,890,035; 5,638,429; 5,430,536; 5,339,139; 5,265,859; 5,081,494; 4,691,317; 4,627,710.