Honeywell To Pay $32.5M To End BorgWarner Dispute

Law360, New York (May 16, 2011, 6:24 PM EDT) -- On the eve of trial, Honeywell International Inc. has agreed to pay BorgWarner Inc. $32.5 million to settle a four-year-old infringement suit in North Carolina over three patents related to engine turbochargers, the companies said Monday.

The deal will give Honeywell a license to use BorgWarner's patents for cast titanium compressor wheels used in turbochargers, which use an engine's exhaust to improve its performance. Honeywell recently said it expected the number of turbocharged vehicles sold in the U.S. to quadruple to 4 million over the next...
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