Mobility And Formosa Call Truce Over Power Adapters

Law360, New York (August 16, 2006, 12:00 AM EDT) -- After years of fighting, Mobility Electronics Inc. and Formosa Electronic Industries Inc. have laid down their swords, putting to end a long-standing patent infringement battle over an array of power adapters.

Mobility announced the settlement on Tuesday but revealed few details of the rivals’ confidential agreement.

The Arizona company did disclose that Formosa will cease distributing specific products in the U.S. and Europe, unless the process is handled exclusively through Mobility.

Under the arrangement, Mobility said it will distribute the products through Blackstone International Inc....
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.