MTS (MTSC) Settles Patent-Infringement Litigation
MTS Systems Corporation (Nasdaq: MTSC) entered into a Settlement Agreement with Hysitron Incorporated. The agreement dismisses all claims and counterclaims in the patent-infringement lawsuit between the two companies. Pursuant to the agreement, MTS will pay Hysitron $7.5 million and neither party admits any liability or wrongdoing. The...
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