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Federal Appeals Court Releases Decision In GE Patent Dispute With Mitsubishi

Stocks in this article: GE

Today the U.S. Court of Appeals for the Federal Circuit released its decision regarding GE’s (NYSE: GE) patent dispute against Mitsubishi Heavy Industries, Ltd. (MHI) for certain wind turbine technologies that GE alleged MHI infringed. The Court reversed the International Trade Commission’s (ITC) ruling with regard to the ‘985 patent, and affirmed with regard to the ‘221 patent. GE spokesman Chet Lasell released the following statement:

“GE applauds today’s U.S. Court of Appeals decision, reversing the initial ruling on U.S. Patent No. 6,921,985 by the International Trade Commission in February 2010. GE is disappointed that the U.S. Court of Appeals decided not to reverse the ITC decision on U.S. Patent No. 7,321,221, but GE looks forward to enforcing its rights under the ‘985 patent in further proceedings, and is confident that today’s decision will assist us in doing so. GE will continue to take the necessary steps to protect its significant investment in technological research and development in the U.S. and around the world.”



Copyright Business Wire 2010

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