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Share Name | Share Symbol | Market | Type |
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3M Company | NYSE:MMM | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
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1.39 | 1.44% | 97.90 | 9,139 | 11:31:22 |
3M and 3M Innovative Properties Co. have settled a patent infringement lawsuit brought by 3M in federal district court in Las Vegas, Nev., against South Korea-based Tovis Co. Ltd. and its subsidiary Tovis North America, and Scientific Games Corp. Terms of the settlement were not disclosed.
The suit alleged that certain Tovis touch display products which are used by Scientific Games in its gaming machines infringed 3M’s U.S. Patents 8,179,381; 9,823,786; 8,274,494; 8,704,799; 10,078,408; 10,101,868; 10,114,516; and 10,126,901.
Metal mesh conductor technology is widely used in the construction of projected capacitive touch sensors for consumer and commercial applications. Metal mesh conductors have broad applicability across touch sensors of all sizes. In particular, large format touch sensors are often used in interactive whiteboards, conferencing systems, and digital signage displays.
Earlier this year, 3M settled a similar patent infringement lawsuit against Elo Touch Solutions Inc.
“3M is encouraged to have been able to settle this matter. 3M invests substantially in research and development to create innovative products for our customers,” said Makoto Ishii, vice president and general manager, 3M Display Materials and Systems Division. “We will continue to defend our intellectual property to protect those investments against unauthorized use and infringement by metal mesh manufacturers, touch panel integrators, and original equipment manufacturers.”
Learn more about 3M Touch Systems at www.3M.com/touch.To learn more about 3M’s licensing program contact 3M at: metalmesh.licensing@mmm.com
About 3MAt 3M, we apply science in collaborative ways to improve lives daily. With $33 billion in sales, our 93,000 employees connect with customers all around the world. Learn more about 3M’s creative solutions to the world’s problems at www.3M.com or on Twitter @3M or @3MNews.
View source version on businesswire.com: https://www.businesswire.com/news/home/20190613005717/en/
3M Media Contact:Donna Fleming Runyon, (651) 736-7646
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