Navico and Garmin International today sent out virtually identical press releases that they have resolved their longstanding disputes about sonar and auto-guidance patents. The three-year fight included a protracted lawsuit in US federal court, an attempt to ban imported marine electronics in a battle fought out at the International Trade Commission (ITC), and threats to US distributors and retailers about selling products with patent-infringing technology.
The new agreement between Navico and Garmin includes a broad cross-licensing of patents and other intellectual property. The statement said the agreement will allow both companies to bring products to the market faster.
“Research and development of game-changing technologies like our DownScan Imaging is the lifeblood of our business and the marine electronics industry,” said Leif Ottosson, Navico CEO, in both statements. “We are very pleased with this resolution, which includes guidelines for the future cross licensing of technologies for the benefit of both of our customers.”
“This is an exciting time as new technology is bringing positive change to the marine market,” said Cliff Pemble, Garmin president and CEO, in the statements. “This resolution allows us to focus all of our energy to bring even more innovation to our marine customers.”