Tuesday, March 17, 2015

Iteris Settles Patent Lawsuit

Santa Ana-based Iteris, which develops traffic management and monitoring equipment, reported late Monday that it has settled a patent infringement lawsuit that had been filed against the company by Wavetronix. Iteris said it has agreed to remove a feature from one of its products as part of the settlement. Financial details of the settlement were not announce by the companies involved.

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