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Johnson Outdoors (JOUT), Garmin (GRMN) Settle Side Scan Sonar Technology Patent Spat

May 6, 2016 8:51 AM EDT

Johnson Outdoors Inc. (Nasdaq: JOUT) and Garmin International, Inc., a subsidiary of Garmin Ltd. (Nasdaq: GRMN), announced the companies have reached agreement on a settlement which resolves litigation involving Johnson Outdoors patented side scan sonar technology. Todays announcement follows the International Trade Commissions (ITC) rulings in the matter affirming infringement by Garmin of one Johnson... More