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July 3, 2013
18:51 EDTCAJCanon announces General Exclusion Order by ITC
Canon (CAJ) announced the issuance of a General Exclusion Order by the U.S. International Trade Commission, pertaining to certain toner cartridges and their photosensitive drums sold for use in Canon and Hewlett Packard (HPQ) laser beam printers. The GEO prohibits from entry into the U.S. toner cartridges and their components that infringe certain specified claims of Canonís patents for the lives of those patents, irrespective of the source of the products. The specified claims include both claims directed to toner cartridges and claims directed to photosensitive drums. The ITC also issued cease and desist orders against many of the respondents named in the investigation, prohibiting the sale of infringing toner cartridges and their components that have already been imported into the U.S., Canon said.
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October 2, 2015
09:02 EDTCAJHarris & Harris receives milestone payment from Canon
Harris & Harris (TINY) said it received payment of approximately $800,000 following achievement of a certain undisclosed milestone associated with the acquisition of its former portfolio company, Molecular Imprints, Inc., by Canon (CAJ) of Tokyo, Japan, in April 2014. This payment increases its total gross proceeds from the sale to approximately $7.8M, including amounts held in escrow. Harris & Harris Group could receive an additional $900,000 upon the achievement of an additional milestone. These proceeds and potential future proceeds are in addition to the approximately $800,000 in cash and $300,000 in stock received for the sale of the non-semiconductor business to an undisclosed privately held company in May 2015. Harris & Harris Group originally invested approximately $4.5M in Molecular Imprints.

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