Recent Quotes View Full List My Watchlist Create Watchlist Indicators DJI Nasdaq Composite SPX Gold Crude Oil Hydroworld Market Index Markets Stocks ETFs Tools Overview News Currencies International Treasuries Garmin again prevails in Philips patent campaign By: Garmin International, Inc. via Business Wire June 13, 2022 at 08:40 AM EDT U.S. District Court in California is fourth jurisdiction to reject Philips’ baseless allegations Garmin International, Inc., a unit of Garmin Ltd. (NYSE: GRMN), today announced that it has secured another victory in Philips North America LLC and Koninklijke Philips NV’s global patent lawsuit campaign. On June 8, 2022, Judge André Birotte Jr. of the U.S. District Court for the Central District of California summarily dismissed a Philips lawsuit against Garmin on the basis that one of Philips’ remaining asserted patents was invalid and the other did not cover Garmin’s products. Previously four other Philips patents asserted in this lawsuit were either found to be invalid, dismissed by Philips from the lawsuit or dedicated by Philips to the public to avoid a dismissal. The most recent ruling for Garmin follows victories against Philips at the U.S. International Trade Commission, the European Patent Office, and the Mannheim District Court in Germany. Philips has appealed its multiple defeats. “We are gratified that yet another court has found Philips’ patent claims against Garmin to be baseless and without merit,” said Andrew Etkind, Garmin vice president and general counsel. “The ruling validates Garmin’s policy of defending itself against those who try to take credit for our success and innovation.” Garmin was represented by a team led by Rachael Lamkin of Lamkin IP Defense, Michelle Marriott of Erise IP, and Garmin’s in-house attorneys, David Ayres and Sam Korte. Judge Birotte’s order is subject to appeal. Engineered on the inside for life on the outside, Garmin products have revolutionized life for runners, cyclists, swimmers and athletes of all levels and abilities. Committed to developing technology that helps people stay active and elevate performance, Garmin believes every day is an opportunity to innovate and a chance to beat yesterday. For more information, visit Garmin's virtual Newsroom, email our press team, or follow us on LinkedIn. About Garmin International, Inc. Garmin International, Inc. is a subsidiary of Garmin Ltd. (NYSE: GRMN). Garmin Ltd. is incorporated in Switzerland, and its principal subsidiaries are located in the United States, Taiwan and the United Kingdom. Garmin is a registered trademark. All other brands, product names, company names, trademarks and service marks are the properties of their respective owners. All rights reserved. Notice on Forward-Looking Statements This release includes forward-looking statements regarding Garmin Ltd. and its business. Such statements are based on management’s current expectations. The forward-looking events and circumstances discussed in this release may not occur and actual results could differ materially as a result of known and unknown risk factors and uncertainties affecting Garmin, including, but not limited to, the risk factors listed in the Annual Report on Form 10-K for the year ended December 25, 2021, filed by Garmin with the Securities and Exchange Commission (Commission file number 0-31983). A copy of such Form 10-K is available at http://www.garmin.com/aboutGarmin/invRelations/finReports.html. No forward-looking statement can be guaranteed. Forward-looking statements speak only as of the date on which they are made and Garmin undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise. View source version on businesswire.com: https://www.businesswire.com/news/home/20220613005503/en/Contacts Krista Klaus Garmin International, Inc. Phone | 913-397-8200 E-Mail | media.relations@garmin.com Data & News supplied by www.cloudquote.io Stock quotes supplied by Barchart Quotes delayed at least 20 minutes. By accessing this page, you agree to the following Privacy Policy and Terms and Conditions.
Garmin again prevails in Philips patent campaign By: Garmin International, Inc. via Business Wire June 13, 2022 at 08:40 AM EDT U.S. District Court in California is fourth jurisdiction to reject Philips’ baseless allegations Garmin International, Inc., a unit of Garmin Ltd. (NYSE: GRMN), today announced that it has secured another victory in Philips North America LLC and Koninklijke Philips NV’s global patent lawsuit campaign. On June 8, 2022, Judge André Birotte Jr. of the U.S. District Court for the Central District of California summarily dismissed a Philips lawsuit against Garmin on the basis that one of Philips’ remaining asserted patents was invalid and the other did not cover Garmin’s products. Previously four other Philips patents asserted in this lawsuit were either found to be invalid, dismissed by Philips from the lawsuit or dedicated by Philips to the public to avoid a dismissal. The most recent ruling for Garmin follows victories against Philips at the U.S. International Trade Commission, the European Patent Office, and the Mannheim District Court in Germany. Philips has appealed its multiple defeats. “We are gratified that yet another court has found Philips’ patent claims against Garmin to be baseless and without merit,” said Andrew Etkind, Garmin vice president and general counsel. “The ruling validates Garmin’s policy of defending itself against those who try to take credit for our success and innovation.” Garmin was represented by a team led by Rachael Lamkin of Lamkin IP Defense, Michelle Marriott of Erise IP, and Garmin’s in-house attorneys, David Ayres and Sam Korte. Judge Birotte’s order is subject to appeal. Engineered on the inside for life on the outside, Garmin products have revolutionized life for runners, cyclists, swimmers and athletes of all levels and abilities. Committed to developing technology that helps people stay active and elevate performance, Garmin believes every day is an opportunity to innovate and a chance to beat yesterday. For more information, visit Garmin's virtual Newsroom, email our press team, or follow us on LinkedIn. About Garmin International, Inc. Garmin International, Inc. is a subsidiary of Garmin Ltd. (NYSE: GRMN). Garmin Ltd. is incorporated in Switzerland, and its principal subsidiaries are located in the United States, Taiwan and the United Kingdom. Garmin is a registered trademark. All other brands, product names, company names, trademarks and service marks are the properties of their respective owners. All rights reserved. Notice on Forward-Looking Statements This release includes forward-looking statements regarding Garmin Ltd. and its business. Such statements are based on management’s current expectations. The forward-looking events and circumstances discussed in this release may not occur and actual results could differ materially as a result of known and unknown risk factors and uncertainties affecting Garmin, including, but not limited to, the risk factors listed in the Annual Report on Form 10-K for the year ended December 25, 2021, filed by Garmin with the Securities and Exchange Commission (Commission file number 0-31983). A copy of such Form 10-K is available at http://www.garmin.com/aboutGarmin/invRelations/finReports.html. No forward-looking statement can be guaranteed. Forward-looking statements speak only as of the date on which they are made and Garmin undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise. View source version on businesswire.com: https://www.businesswire.com/news/home/20220613005503/en/Contacts Krista Klaus Garmin International, Inc. Phone | 913-397-8200 E-Mail | media.relations@garmin.com
Garmin International, Inc., a unit of Garmin Ltd. (NYSE: GRMN), today announced that it has secured another victory in Philips North America LLC and Koninklijke Philips NV’s global patent lawsuit campaign. On June 8, 2022, Judge André Birotte Jr. of the U.S. District Court for the Central District of California summarily dismissed a Philips lawsuit against Garmin on the basis that one of Philips’ remaining asserted patents was invalid and the other did not cover Garmin’s products. Previously four other Philips patents asserted in this lawsuit were either found to be invalid, dismissed by Philips from the lawsuit or dedicated by Philips to the public to avoid a dismissal. The most recent ruling for Garmin follows victories against Philips at the U.S. International Trade Commission, the European Patent Office, and the Mannheim District Court in Germany. Philips has appealed its multiple defeats. “We are gratified that yet another court has found Philips’ patent claims against Garmin to be baseless and without merit,” said Andrew Etkind, Garmin vice president and general counsel. “The ruling validates Garmin’s policy of defending itself against those who try to take credit for our success and innovation.” Garmin was represented by a team led by Rachael Lamkin of Lamkin IP Defense, Michelle Marriott of Erise IP, and Garmin’s in-house attorneys, David Ayres and Sam Korte. Judge Birotte’s order is subject to appeal. Engineered on the inside for life on the outside, Garmin products have revolutionized life for runners, cyclists, swimmers and athletes of all levels and abilities. Committed to developing technology that helps people stay active and elevate performance, Garmin believes every day is an opportunity to innovate and a chance to beat yesterday. For more information, visit Garmin's virtual Newsroom, email our press team, or follow us on LinkedIn. About Garmin International, Inc. Garmin International, Inc. is a subsidiary of Garmin Ltd. (NYSE: GRMN). Garmin Ltd. is incorporated in Switzerland, and its principal subsidiaries are located in the United States, Taiwan and the United Kingdom. Garmin is a registered trademark. All other brands, product names, company names, trademarks and service marks are the properties of their respective owners. All rights reserved. Notice on Forward-Looking Statements This release includes forward-looking statements regarding Garmin Ltd. and its business. Such statements are based on management’s current expectations. The forward-looking events and circumstances discussed in this release may not occur and actual results could differ materially as a result of known and unknown risk factors and uncertainties affecting Garmin, including, but not limited to, the risk factors listed in the Annual Report on Form 10-K for the year ended December 25, 2021, filed by Garmin with the Securities and Exchange Commission (Commission file number 0-31983). A copy of such Form 10-K is available at http://www.garmin.com/aboutGarmin/invRelations/finReports.html. No forward-looking statement can be guaranteed. Forward-looking statements speak only as of the date on which they are made and Garmin undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise. View source version on businesswire.com: https://www.businesswire.com/news/home/20220613005503/en/