Hewlett-Packard (HPQ), Multilaser Resolve Inkjet Cartridge Litigation
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Price: $23.69 -3.82%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 5.1%
Revenue Growth %: +2.9%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 5.1%
Revenue Growth %: +2.9%
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Hewlett-Packard (NYSE: HPQ) has amicably resolved patent litigation with Brazil-based Multilaser Industrial Ltda. relating to HP's integrated printhead inkjet cartridges.
As part of the settlement, Multilaser acknowledges that HP's patents are valid and were infringed upon. Multilaser has agreed to stop selling the cartridges in question in Brazil and in other countries where HP has corresponding patent rights. Multilaser also will reimburse part of the litigation costs to HP.
As part of the settlement, Multilaser acknowledges that HP's patents are valid and were infringed upon. Multilaser has agreed to stop selling the cartridges in question in Brazil and in other countries where HP has corresponding patent rights. Multilaser also will reimburse part of the litigation costs to HP.
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