Rudolph Technologies, Inc. (NYSE:RTEC) Files An 8-K Other EventsItem 8.01 Other Events
On July 31, 2017, Rudolph announced it had reached a comprehensive patent settlement with Camtek, Ltd. in the ongoing patent infringement lawsuits between the two companies. Under the terms of the settlement agreement, the parties will dismiss all current litigation matters and Camtek will pay to Rudolph a one-time cash payment of $13 million. The parties have also entered into a covenant not to sue one another related to the three patents at issue in the lawsuits and also not to sue one another for any cause of action for a period of three years anywhere in the world.
The information in this Current Report on Form 8-K shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”) or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
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Exhibit No. |
Description of Exhibit |
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99.1 |
Press Release issued July 31, 2017, “Rudolph Concludes Patent Infringement Lawsuit Against Camtek” |
EXHIBIT INDEX
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Exhibit No. |
Description of Exhibit |
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99.1 |
Press Release issued July 31, 2017, “Rudolph Concludes Patent Infringement Lawsuit Against Camtek” |
RUDOLPH TECHNOLOGIES INC ExhibitEX-99.1 2 ex9918k7312017.htm EXHIBIT 99.1 Exhibit Exhibit 99.1 Rudolph Concludes Patent Infringement Lawsuit Against CamtekAgreement will end ongoing litigation and close intellectual property claimsWilmington,…To view the full exhibit click here
About Rudolph Technologies, Inc. (NYSE:RTEC)
Rudolph Technologies, Inc. (Rudolph) is engaged in the design, development, manufacture and support of defect inspection, packaging lithography, thin film metrology, and data analysis systems and software used by microelectronics device manufacturers. The Company operates in a segment of the design, development, manufacture and support of process control defect inspection and metrology; packaging lithography, and data analysis systems and software used by microelectronics device manufacturers. It offers Process Control Business, Lithography Business and Integrated Software Solutions. It provides process and yield management solutions used in both wafer processing and final manufacturing through a family of systems for macro-defect inspection, lithography, probe card test and analysis, and transparent and opaque thin film measurements. Rudolph markets and sells products to logic, memory, data storage, flat panel and application-specific integrated circuit (ASIC) device manufacturers.