Lumenis sues former employees over intellectual property

The employees founded Alma Lasers and allegedly used the technology there.

Aesthetic device company Lumenis Ltd. is suing Alma Lasers Ltd. and four of its founders in the Tel Aviv District Court for NIS 200 million. Lumenis claims that the four, all former employees, stole intellectual property covering the core technology behind its main product line, and later used it in Alma Lasers' Harmony laser and light treatment platform, now available worldwide.

Lumenis is also seeking an injunction banning Alma Lasers and any third party from using the technology. The company filed a previous suit against its rival, alleging patent infringement in the US in June last year.

Published by Globes [online], Israel business news - www.globes-online.com - on March 26, 2008

© Copyright of Globes Publisher Itonut (1983) Ltd. 2008

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