AutoStore and Ocado settle all patent litigation
(Nedre Vats, 22 July 2023) – AutoStore Holdings Ltd (AutoStore, OSE:AUTO) and Ocado Group (Ocado, LON:OCDO) announced today a complete settlement of all claims between the companies in their global patent dispute, avoiding further litigation and associated costs.The principal terms of the agreement are: ● All patent litigation claims withdrawn globally ● Mutually beneficial global cross-licence of each other's pre 2020 patents ● Both companies can continue to use and market all their own existing products without challenge ● Ocado retains exclusive rights to