A federal judge has overturned a $70,6m jury verdict against StorageTek in a patent infringement case brought by Odetics Inc.
Sitting in US District Court in the Eastern District of Virginia, the judge entered judgment as a matter of law in favor of StorageTek. The order concludes the second jury trial in a lawsuit filed originally by Odetics in June 1995.
StorageTek is the pre-eminent provider of network storage. The company`s products and services are used to store, transport and secure more than 100 Petabytes of the world`s information, ranging from mainframe data to client/server applications to video, audio and still images. The company, based in Louisville, Colorado, reported earnings of $232m on revenues of $2,1bn in 1997.
StorageTek`s products are marketed in South Africa by CMS, a company in the MGX Holdings group.
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