(Hexagon AB: Sweden) -- Hexagon subsidiary ROMER Inc. and FARO Technologies Inc. have reached agreement to settle all outstanding disputes between them. Under the terms of the settlement, patent suits pending in California and Florida, and a lawsuit involving claims of false advertising, will be dismissed.

The patent dispute involved a key feature of articulated arm coordinate measurement machines, the ability to rotate the primary axis indefinitely without encountering a hard stop. The measurement devices are used by engineers to design and inspect a variety of manufactured products.

“We are pleased to see these lawsuits come to an end,” says Ola Rollén, CEO and president of Hexagon AB. “We feel that the mutual understanding between us and FARO will work in both parties’ favour. We will now again focus exclusively on doing what we do best—making metrology products—and compete with each other in the marketplace and not in the courtroom.”

For more information, visit http://investors.hexagon.se/index.php?p=press&s=detail&afw_lang=en&afw_id=106552.

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