Honeywell And Datalogic Resolve Disputes
Honeywell (NYSE: HON) and Datalogic announced today that they have reached an agreement that settles all pending disputes between their companies. The Honeywell companies involved in the settlement are Honeywell Scanning and Mobility, Metrologic Instruments, Hand Held Products, Omniplanar, and their subsidiaries and affiliates.
The Datalogic companies involved in the settlement are Datalogic S.p.A., Datalogic Scanning, Datalogic Mobile, Datalogic Automation, and their subsidiaries and affiliates.
Since 2006, the companies have been engaged in a series of legal disputes. The agreement announced today ends all pending litigation.
The settlement agreement is confidential but includes a cross-license of specific rights, an agreement not to bring suit for a specified period of time, and a mechanism for resolving issues that may arise in the future.
Honeywell International is a $38 billion diversified technology and manufacturing leader, serving customers worldwide with aerospace products and services; control technologies for buildings, homes and industry; automotive products; turbochargers; and specialty materials. Based in Morris Township, N.J., Honeywell's shares are traded on the New York, London and Chicago Stock Exchanges. For additional information, please visit www.honeywell.com