Morgana Withdraws Infringement Claims
Morgana Systems Ltd. has withdrawn its patent infringement claims in Germany, and has licenced Multigraf AG, a Swiss-based manufacturer of print finishing products, to use its patented technology.
Under the license agreement, Multigraf will be able to use Morgana’s technology in its new creasing and folding products. Morgana’s Managing Director, Quen Baum, and Robert Barrer, the Managing Director of Multigraf, jointly said that it was important for European manufacturers to share technologies in order to reduce the time and cost of bringing new products to the market.
The pair went on to say that it was also essential that European manufacturers focus their efforts in stopping the influx of low-quality unlicensed products that are beginning to be seen from China and other emerging markets.
Both companies stressed that they are committed to stopping their technologies, patents and intellectual property from being blatantly copied by manufacturers and importers.
- Companies:
- Morgana Systems