Automatic pool cleaner manufacturer Maytronics said it has entered into a settlement agreement with Chasing Innovation Technology Co. and Chasing Technology (USA), which it had sued for patent infringement.
In October, 2023, Maytronics filed lawsuit regarding technology involved in Maytronics’ U.S. Patent No. 10,378,229 and European Patent Nos. 2,845,969 and 2,706,170. As a result of the settlement, the complaint is dismissed and Chasing will cease production and sales of robotic pool cleaners that utilize the technology and innovations described and claimed in Maytronics’ Patents. The remaining terms of the settlement agreement remain confidential.
"Maytronics invests considerable time and resources to develop and protect technologies that not only differentiate its products in the market but that define trends in the market," said Franck Sogaard, Maytronics’ Chief Revenue Officer and President of Americas. "With this settlement, Maytronics re-enforces its commitment to protect its intellectual property and maintain its innovative edge in the global pool cleaning market. This settlement will allow us to focus our full attention on the future by innovating and creating consumer-driven, value-minded, integrated pool products that provide our customers with the perfect pool environment.”
