Honeywell International Inc. said Monday that it will pay BorgWarner Inc. $32.5 million to resolve a four-year-old patent dispute over auto parts.The article doesn't mention the specific patents. But this seems to be a pretty straightforward patent of a physical item, like Apple's patent application for building a better keyboard.
The one-time payment gives Honeywell access to BorgWarner's three patents for cast titanium compressor wheels, which are used in turbochargers for commercial vehicle engines. Other terms of the settlement were confidential.
Tuesday, May 17, 2011
Honeywell settles patent dispute with BorgWarner
According to Business Week:
Posted by JH at 5:07 PM