Extron settles patent infringement lawsuit against Crestron
WORLD: Extron Electronics has settled its patent infringement lawsuit against Crestron Electronics. The lawsuit, filed in June 2014, covered Extron patents related to the company’s Retractor product line.
According to a company statement, the settlement includes a cash payment to Extron, and a requirement for Crestron to withdraw its prior cable retractor models from the market and fully replace the line up.
‘We’re pleased to bring this suit to an expedient and positive conclusion,’ said Andrew Edwards, president and CEO of Extron. ‘Extron will vigorously protect our technologies and intellectual property.’