Intermec Inc., the company known as Unova Inc. until January, said it settled a lawsuit filed against Hewlett-Packard Co. over batteries used in notebook computers. The accord will add $14 million to $18 million to Intermec's operating profit after legal costs, the Everett, Washington-based company said today in regulatory filing. Terms are confidential. Intermec sued Hewlett-Packard in federal court in Los Angeles in 2002, five days after Hewlett-Packard bought Compaq Computer Corp. Hewlett-Packard claimed it was covered under a settlement Intermec had reached with Compaq. An appeals court said in 2004 the suit should proceed. Court documents list the suit as settled on Feb. 27, the day a judge ruled against Intermec on the expiration date of a patent in the case.

Posted by GEN-ERIC at 02:51:05 am into the following categories: In The News

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