“…the companies have agreed to a licensing agreement that will see Integrated Biometrics pay royalties to Crossmatch for both past and future sales.”
Integrated Biometrics and Crossmatch have agreed to settle a lawsuit with a new licensing agreement.
The lawsuit was brought against Integrated Biometrics in late spring, with Crossmatch arguing that all of Integrated Biometrics’ FBI-certified fingerprint scanners feature technology infringing on Crossmatch patents. At the time, Crossmatch had sought to prevent the continued sale of such devices, as well as compensation.
Now, the companies have agreed to a licensing agreement that will see Integrated Biometrics pay royalties to Crossmatch for both past and future sales. In a statement announcing the agreement, Crossmatch said both companies “desire to settle the litigation without the expenditure of further time and expense and are requesting that the District Court dismiss with prejudice all claims brought by Crossmatch against Integrated Biometrics.”
There is indeed good reason for the companies to move beyond this issue, with Crossmatch having since proceeded with government collaborations and a new contract in the medical sector, and Integrated Biometrics having reported excellent sales for its FIVE-0 fingerprint scanning device, which will now benefit Crossmatch’s bottom line as well.
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August 14, 2017 – by Alex Perala
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