MTS Pays $7.5M To Nix Hysitron IP, Lanham Claims

Law360, New York (August 3, 2010, 1:59 PM EDT) -- Material testing company MTS Systems Corp. has agreed to pay former competitor Hysitron Inc. $7.5 million to resolve allegations that it infringed two nanotesting patents and broke competition and trademark laws by using Google to link its own products to Hysitron searches.

Judge Ann D. Montgomery approved the accord Monday in the U.S. District Court for the District of Minnesota, with summary judgment motions from both sides still pending. The case had been slated for trial in October.

“There were two earlier settlement conferences that were...
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