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February 1, 2010
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| 07:04 EDT |  | IO |
| theflyonthewall.com: | ION Geophysical wins $25M patent infringement jury verdict against Sercel | | ION Geophysical Corp announced that on January 29, 2010, the jury in a patent infringement lawsuit filed by ION against seismic equipment provider Sercel, Inc. in the U.S. District Court for the Eastern District of Texas returned a verdict in its favor. The jury found that Sercel infringed the ION patent and awarded ION $25.2M in past compensatory damages. ION intends to ask the court to issue a permanent injunction to prohibit Sercel from making, using, selling, offering for sale or importing any infringing products into the U.S. The lawsuit alleged that Sercel's 408, 428 and SeaRay digital seismic sensor units infringe ION's U.S. Patent No. 5,852,242, which is incorporated in ION's VectorSeis sensor technology. :theflyonthewall.com |
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