Asetek receives $600,000 after patent lawsuit

Liquid cooling technology company Asetek said it received payment of $600,000 as awarded in a patent infringement lawsuit against CMI USA, Inc.

Asetek said that in December 2014, the US District Court unanimously ruled in favor of Asetek on all claims in a patent infringement lawsuit against CMI USA, Inc. involving Asetek’s U.S. Patents 8,240,362 and 8,245,764.

The jury awarded Asetek damages representing a 14.5% royalty on CMI’s infringing sales since 2012.

“After an appeal by CMI, the Federal Circuit US Court of Appeals issued an opinion in April 2017 affirming the prior rulings regarding infringement, validity, damages and injunction against CMI,” said Asetek.

André Sloth Eriksen, CEO of Asetek, said: “As part of efforts to build and maintain market share, we closely review and assess all competitive offerings for infringement of our patents.

“We are pleased with our success in defending them.”

Asetek provides liquid cooling solutions for data centers, servers and PCs.

Asetek is headquartered in Denmark and has operations in California, Texas, China and Taiwan.