February 13, 2018 / 1:24 AM / in a year

Honeywell says 'significant' settlement in bar code reader patent fight

Honeywell International Inc on Monday said it has settled a batch of patent infringement lawsuits it brought last year against Code Corp, a competitor in the market for bar code scanners used in the healthcare industry.

Honeywell said Code agreed to make “a significant lump sum payment” and to pay an annual royalty to license the former’s patents.

To read the full story on Westlaw Practitioner Insights, click here: bit.ly/2BqJuDB

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