Argus Analyzers closed its doors on Oct. 12, according to a letter posted on its website. Argus said the decision to cease operations “is the result of the overwhelming financial burden resulting from the 2006 lawsuit instigated by Midtronics Corporation.”
The move to cease operations came less than two months after Argus lost its appeal in the case. A U.S. appellate court in August 2012 upheld a lower court’s ruling from 2011 that Argus sold products containing electronic battery testing technology infringing on patents held by Midtronics.
As Argus states on its website, the case dates back to 2006. It was argued that BP Power, a Taiwanese company, developed the infringing products, and Argus imported and sold them in the United States. In August 2011, U.S. Judge Milton Shadur of the Northern Illinois District ruled in Midtronics’ favor, ordering the defendants to stop making, importing, using and selling a number of their products. Shadur also ordered Argus to pay attorney fees and expenses, which amount to nearly $1.27 million, according to court filings.
Argus appealed Shadur’s ruling, and the U.S. Court of Appeals for the Federal Circuit two months ago unanimously affirmed Shadur’s ruling.
It’s worth noting that the patent in question expired in May 2012 — between the time the original decision was handed down in August 2011 and the appellate court’s ruling.
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