Teradyne claimed that Elite Robots’ cobots (above) and software were similar to its own. Credit: Elite Robots
Teradyne Robotics and Elite Robots have reached a mutual agreement resolving a legal dispute over robots and software, bringing the case to an end without either company disclosing the terms of the settlement.
Teradyne Robotics, a subsidiary of Teradyne Inc. and parent company of Universal Robots A/S, announced the settlement on Oct. 1. The resolution aims to bring the dispute between the parties to a close and reflects their shared interest in avoiding the continued time and cost associated with legal proceedings.
Teradyne is the world’s leading developer of collaborative robot arms, having sold more than 100,000 robots since it was founded in 2005.
In a joint statement, Jette Withers, Teradyne Robotics’ chief legal officer, and Charles Xie, Elite Robots’ overseas sales director, said: “The parties have resolved their pending legal dispute by mutual agreement. The settlement does not constitute an admission by Elite Robots regarding liability, infringement, validity of intellectual property rights, or any other disputed issue.”
Neither company has said what the settlement requires of either side, and there is no public evidence of what Elite Robots agreed to do.
An intellectual property lawyer familiar with this type of litigation , who asked not to be identified and is not involved with the case, told The Robot Report that disputes that begin with an early injunction often end early. The general pattern is that the defendant agrees to stop using the disputed code and pays a fee, but that does not necessarily describe this case.
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