International. The lawsuit that the companies Extron Electronics and Crestron had since June 2014, due to a lawsuit by the former for patent infringement related to its Retractor product line, was resolved thanks to an agreement reached between both parties.
The agreement includes a cash payment from Extron and a requirement for Crestron to withdraw its previous retractor cable models from the market and completely replace the line.
"We are thrilled to bring this lawsuit to a timely and positive conclusion," said Andrew Edwards, president and CEO of Extron.
Introduced in 2009, the Extron Retractor system is the solution for convenient and discreet access to AV, power and data connections. The series offers a wide selection of AV data connectivity, including HDMI, DisplayPort, VGA, VGA + Audio, USB, PC audio, CAT 6 network and DC power.
