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Lutron, Crestron Settle on Patents

March 11, 2014
Lutron Electronics and Crestron have agreed to a settlement of their litigation, under which Lutron will license radio frequency patents to Crestron, Lutron announced Tuesday.

The lawsuit had been filed in 2009. The two sides have reached a license agreement, with Crestron agreeing to pay royalties on sales of its products, both in the past and future, in exchange for licensing the technology.



 

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