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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 1 million vision-based products, representing over $4 billion in cumulative revenue, since the company’s founding in 1981. Headquartered in Natick, Massachusetts, USA, Cognex has regional offices and distributors located throughout the Americas, Europe, and Asia.
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Cognex and Fuji Resolve Vision Software Patent Dispute
POSTED 03/24/2010
Natick, MA.--Cognex Corporation (NASDAQ: CGNX) is pleased to announce it has reached a settlement with Fuji Machine Manufacturing Co., Ltd. and its U.S. subsidiary Fuji America Corporation concerning the importation and sale of equipment using machine vision software. Terms of the resolution between the parties were not made public. Cognex's dispute with other machine vision companies continues in the United States International Trade Commission and in the District Court of Massachusetts.
“Cognex is pleased that we could reach a mutually acceptable resolution to the ongoing ITC and District Court matters,” said Todd Keebaugh, Cognex Vice President of Legal Affairs. “We value our relationship with Fuji and look forward to the opportunity of working with them to strengthen our business partnership going forward.”
About Cognex
Cognex Corporation designs, develops, manufactures and markets machine vision sensors and systems, or devices that can "see." Cognex vision sensors and systems are used in factories around the world where they guide, inspect, gauge, identify and assure the quality of a wide range of items during the manufacturing process. Cognex is the world's leader in the machine vision industry, having shipped more than 500,000 machine vision systems, representing over $2.5 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. For details, visit Cognex on-line at http://www.cognex.com.
CONTACT:
Robin Pratt
Sr. Manager, Corporate Communications
Cognex Corporation
phone: (858) 350-5065