Manufacturing Industry
Consent decree allows flow international and Omax merger
Modern Applications News, Sept, 2008
Flow International Corp., Kent, WA, a developer and manufacturer of industrial waterjet machines, announced the U.S. Federal Trade Commission accepted a consent degree which will permit the merger of Flow and Omax Corp., Kent, WA.
The consent decree provides that Flow will make available to other abrasive waterjet companies royalty-free licenses to two Omax patents that relate to the controllers used in waterjet cutting systems. The licenses do not include any transfer of technology, will not cover any other patented equipment or processes owned by Flow or Omax, do not apply to any intellectual property outside of the U.S., and expire in five years.
COPYRIGHT 2008 Nelson Publishing
COPYRIGHT 2008 Gale, Cengage Learning
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