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	<title>Stock Blog Hub &#187; ITC Holdings Corp.</title>
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		<title>(ITC) Cognex Corporation Settles Patent Dispute</title>
		<link>http://www.stockbloghub.com/2009/09/15/itc-cognex-corporation-settles-patent-dispute/15210</link>
		<comments>http://www.stockbloghub.com/2009/09/15/itc-cognex-corporation-settles-patent-dispute/15210#comments</comments>
		<pubDate>Tue, 15 Sep 2009 17:01:33 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[ITC]]></category>
		<category><![CDATA[ITC Holdings Corp.]]></category>

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		<description><![CDATA[Cognex Corporation (CGNX) recently announced that it has settled its dispute with Multitest Elektronische Systeme GmbH and its U.S. subsidiary. The dispute was regarding Multitest’s importation and sale of equipment containing HALCON machine vision software. Headquartered in Massachusetts, Cognex Corporation designs, develops, manufactures and markets machine vision systems. Cognex had earlier alleged in a filing with the U.S. International Trade Commission (ITC) that HALCON software, marketed by MVTec Software GmbH, infringes at least three Cognex machine vision patents. Additionally, ITC is investigating 20 other companies for violating Cognex patents by selling, importing and using MVTec products that contain machine vision technology that has been invented and patented by Cognex. Other terms of the settlement were not disclosed. Management added that the company had invested over $100 million in R&#38;D to ]]></description>
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