Skip to main content

Vicon Announces Patent Suit Settlement

  • Jul 18, 2011

Vicon Industries Inc., a designer and producer of IP video security and surveillance systems, has settled a patent litigation suit brought by Lectrolarm Custom Systems Inc. Under the settlement, the company agreed to a one-time payment of $5 million to Lectrolarm in exchange for the release of all claims against the company and the dismissal of its suit pending in the U.S. District Court.

Vicon believed the suit was without merit and defended itself for more than eight years, but it decided to settle the matter.

“The resolution of the suit allows the company to move forward with its strategic plans after years of management distraction and financial uncertainty since the suit was brought in 2003,” said Ken Darby, Vicon’s chairman and CEO.

Vicon Industries Inc. designs, engineers, assembles, and markets a wide range of video and access control systems and system components used for security, surveillance, safety, communication and process control purposes by a broad group of end users worldwide.

Featured

Most   Popular

New Products

  • Theia Technologies building fisheye

    Theia Technologies Linear Optical Technology®

    Learn how ultra-wide, zero-distortion rectilinear lens design improves spatial accuracy and eliminates the need for software de-warping in real-time robotic and automation systems.

  • ResponderLink

    ResponderLink

    Shooter Detection Systems (SDS), an Alarm.com company and a global leader in gunshot detection solutions, has introduced ResponderLink, a groundbreaking new 911 notification service for gunshot events. ResponderLink completes the circle from detection to 911 notification to first responder awareness, giving law enforcement enhanced situational intelligence they urgently need to save lives. Integrating SDS’s proven gunshot detection system with Noonlight’s SendPolice platform, ResponderLink is the first solution to automatically deliver real-time gunshot detection data to 911 call centers and first responders. When shots are detected, the 911 dispatching center, also known as the Public Safety Answering Point or PSAP, is contacted based on the gunfire location, enabling faster initiation of life-saving emergency protocols.

  • Schlage Sense Pro

    Schlage Sense Pro™ Smart Deadbolt

    Deliver true hands-free entry and reliable smart home integration with a premium deadbolt featuring Schlage Converge™ technology and native Matter over Thread support.