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BRIEF-Proto Labs Reaches Settlement with ICO Products on Quoting Technology
April 11, 2017 / 5:16 PM / 7 months ago

BRIEF-Proto Labs Reaches Settlement with ICO Products on Quoting Technology

April 11 (Reuters) - Proto Labs Inc:

* Co, ICO Products reached agreement to settle an ongoing patent infringement dispute related to Proto Labs’ proprietary quoting technology

* Received monetary compensation and an equity stake in ICO Products with a future option to take a larger stake in company

* ICO Products enters license agreement with co granting rights to continued use of some of co’s proprietary technology in its quoting system Source text for Eikon: Further company coverage:

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