Ricoh Exits Printer Monitoring Patent Suit

Law360, New York (October 16, 2013, 8:59 PM EDT) -- Ricoh USA Inc. has reached a settlement with a patent holding company to resolve allegations that the printer maker infringed a patent for technology used to remotely monitor office machines, a Texas federal judge said Tuesday.

The deal makes Ricoh the sixth electronics manufacturer to strike an agreement with Penovia LLC to shake similar claims.

U.S. District Judge Rodney Gilstrap granted a joint motion by Ricoh and Penovia and dismissed the case with prejudice, following an undisclosed pact between the parties announced in late September that...
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