Stratasys, Ltd. (SSYS) Files Patent Infringement Lawsuit Against Afinia
Stratasys, Ltd. (NASDAQ:SSYS) has announced that they have filed a patent infringement lawsuit against Afinia. Afinia is a division of Microboards Technology LLC. The lawsuit was filed in the United States District Court for the District of Minnesota. Stratasys is seeking injunctive relief and damages for infringement of four of their 3D printing patents.
“IP infringement discourages companies from investing in innovation,” stated David Reis, Stratasys Ltd. CEO. “Stratasys pioneered 3D printing, and invests millions of dollars each year to develop our technologies. In 2012 alone, Stratasys Ltd invested $33.3 million or 9.3 percent of its revenues in R&D. We intend to protect that investment.”
Stratasys, Ltd. (NASDAQ:SSYS) alleges that Afinia’s sale, promotion and use of the Series H printer infringes patents directed to part porosity, liquefier structure, temperature control, and tool paths for constructing part perimeters, according to a press release.
Stratasys co-founder, chairman, and chief innovation officer Scott Crump invented Fused Deposition Modeling, which is a technology that prints 3D objects from computer models by building them in layers. This is the first time that Stratasys commenced an action for infringement of patents.