Camtek Ltd. (Nasdaq: CAMT; TASE:CAMT) said today that it will "aggressively defend" a new patent infringement suit filed against the company by Rudolph Technologies Inc.
This is the latest lawsuit that Rudolf has filed against the Israeli automated optical inspection equipment manufacturer. In the lawsuit filed with the US District Court in Minnesota, Rudolph claims that Camtek's Falcon and Gannet machines infringe Rudolph's new patent No. 7,779,528 - a patent that was issued on the same day that the lawsuit was filed.
Camtek previously lost an earlier patent infringement lawsuit related to the company's Falcon machines filed by Rudolf. This case in machines is under post trial motions, and the company said that it will appeal the verdict if the motions fail.
Meanwhile, Camtek is respecting the injunction issued by the court banning the manufacture or sale of Falcon systems in the US. It has also not sold any Gannet systems in the US to date.
Camtek's share price rose 0.7% on the TASE today to NIS 9.57, but fell 2.3% in early trading on Nasdaq to $2.50, giving a market cap of $73 million.
Published by Globes [online], Israel business news - www.globes-online.com - on June 3, 2010
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