Cognex Sues Microscan for Patent Infringement
Cognex Corporation (NASDAQ: CGNX) announced that it has filed a patent infringement lawsuit against Microscan Systems, Inc. in the United States District Court for the Southern District of New York.
Cognex alleges that Microscan’s Mobile Hawk, a handheld product used to read Direct Part Mark (DPM) codes, infringes a patent held by Cognex. The lawsuit seeks to prohibit Microscan from using Cognex’s patented technology in its products, and to recover damages resulting from the infringement.
“Cognex has invested substantial time and resources to develop highly innovative ID code-reading technologies, and thousands of customers around the world purchase our products precisely because of our innovations. While we welcome legitimate competition, we will not stand idly by when competitors use our proprietary technology against us in the marketplace. We have a responsibility to all of our stakeholders, particularly to our engineers who devote significant effort to create new technologies, to take meaningful action whenever a competitor infringes any of our patents,” said Robert J. Willett, Chief Executive Officer of Cognex.
About Cognex Corporation
Cognex Corporation designs, develops, manufactures and markets a range of products that incorporate sophisticated machine vision technology that gives them the ability to “see.” Cognex products include barcode readers, machine vision sensors and machine vision systems that are used in factories, warehouses and distribution centers around the world to guide, gauge, inspect, identify and assure the quality of items during the manufacturing and distribution process. Cognex is the world's leader in the machine vision industry, having shipped more than 850,000 vision-based products, representing over $3 billion in cumulative revenue, since the company's founding in 1981. Headquartered in Natick, Massachusetts, USA, Cognex has regional offices and distributors located throughout North America, Japan, Europe, Asia and Latin America.