Iván Hernández Dalas: Teradyne Robotics, Elite Robots settle cobot dispute
Teradyne claimed that Elite Robots’ cobots (above) and software were similar to its own. Credit: Elite Robots Teradyne Robotics and Elite Robots have reached a mutual agreement resolving a legal dispute over robots and software, bringing the case to an end without either company disclosing the terms of the settlement. Teradyne Robotics, a subsidiary of Teradyne Inc. and parent company of Universal Robots A/S, announced the settlement on Oct. 1. The resolution aims to bring the dispute between the parties to a close and reflects their shared interest in avoiding the continued time and cost associated with legal proceedings. Teradyne is the world’s leading developer of collaborative robot arms , having sold more than 100,000 robots since it was founded in 2005. In a joint statement, Jette Withers, Teradyne Robotics’ chief legal officer, and Charles Xie, Elite Robots’ overseas sales director, said: “The parties have resolved their pending legal dispute by mutua...