ATMI, Praxair Settle Long-Standing Patent Litigation

Law360, New York (July 15, 2008, 12:00 AM EDT) -- ATMI Inc. and Praxair Inc. have reached a settlement in their five-year patent dispute over the rights to pressurized gas containers.

The Danbury, Conn.-based companies will be free to market and sell their respective mechanical, subatmospheric delivery container products, according to a filing made by ATMI with the U.S. Securities and Exchange Commission on Monday.

Neither company will make any payments to the other, ATMI said in a statement. The settlement resolves all litigation matters between the two companies since 2003, including a suit filed by...
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