Ocado wins AutoStore ITC trial

Ocado Group

Ocado Group plc (LON:OCDO) has confirmed that jJudgment in the ITC trial was delivered on 13 December and the Chief Administrative Law Judge has found in favour of Ocado. He held that three of the four AutoStore patents are invalid. The fourth is not infringed. A fifth patent was abandoned by AutoStore the night before the trial.Ocado is pleased that the court has rejected AutoStore’s attempt to use the ITC process to obstruct the development of Ocado’s business in the United States. AutoStore’s complaint to the ITC originally alleged infringement by Ocado of 33 claims spread across five different patents.  The decision means that all of the 33 claims have been rejected by the judge, or abandoned by AutoStore.

Separately, Ocado continues actively to pursue its claims against AutoStore for infringement of Ocado’s patents in both the United States and Europe. Ocado anticipates court determinations injuncting AutoStore and awarding Ocado damages for AutoStore’s infringement of Ocado’s patents.

An Ocado Group spokesperson stated:

“We have consistently stated that Ocado does not infringe any valid AutoStore IP, and we are pleased that the judge has now agreed with us. This was a misconceived attempt by AutoStore to interfere with our business in the United States.  We intend vigorously to continue our infringement claims against AutoStore in the United States and Europe.”

You might also enjoy reading  Ocado Group PLC -5.2% potential downside indicated by JP Morgan

Good news travels fast (but only if you make that happen). Share on:

Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on facebook
Facebook
Share on email
Email
Share on reddit
Reddit

AIM All Share Index