TERADYNE FILES SUIT AGAINST INNOVATE LTD.
BOSTON, Aug. 26 /PRNewswire/ -- Teradyne, Inc. (NYSE: TER), announced today that it has files a lawsuit against Innovate, Ltd. of Northampton, England, asserting that Innovate's Type 9000 board tester infringes a basic Teradyne patent covering board test technology incorporated in Teradyne board test systems. The suit seeks damages and an injunction against further use of the technology. Teradyne is a major manufacturer of automatic test equipment for the electronics and telecommunications industries, with sales of over $500 million. Its stock is listed on the New York Stock Exchange (Symbol: TER). -0- 8/26/93 R /CONTACT: Frederick Van Veen, vice president of Teradyne, Inc., 617- 422-2494/ (TER)
CO: Teradyne, Inc.; Innovate Ltd. ST: Massachusetts; England IN: CPR SU:
JL-DD -- NE006 -- 6451 08/27/93 02:45 EDT
|Printer friendly Cite/link Email Feedback|
|Date:||Aug 27, 1993|
|Previous Article:||NEUROMEDICA ALLOWED PATENT FOR TARDIVE DYSKINESIA THERAPEUTICS|
|Next Article:||TJ SYSTEMS ANNOUNCES NEW LEASE AGREEMENT WITH IBM SUBSIDIARY; EQUIPMENT LEASE FOR $750,000 WITH INTEGRATED SYSTEMS SOLUTIONS CORP.|