By Liz McKenzie (December 17, 2008, 12:00 AM EST) -- Cognex Corp. has agreed to settle a heated patent dispute with Acacia Research Corp., Veritec Inc. and several other companies over its product-scanning technology.
A judge in the U.S. District Court for the District of Minnesota approved the joint motion to dismiss the case on Tuesday after Cognex confirmed it had reached a settlement with the defendants.
Representatives for the parties declined to elaborate on the terms of the confidential settlement.
Natick, Mass.-based Cognex, a manufacturer of machine vision systems, filed the lawsuit in 2006, asking the court to declare that the asserted claims of the patent-at-issue were invalid and that...
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