Stryker Corp. (NYSE:SYK) was dismissed as a defendant in a patent infringement lawsuit after inking a licensing deal for Hospital Systems Corp.’s medical picture archiving and communication system technology.
The Kalamazoo, Mich.-based medical device giant was one of nine firms sued by Acacia Research Corp. (NSDQ:ACRI) subsidiary HSC in a lawsuit alleging that they infringed a pair of patents covering its medical image storage, retrieval and transmission system. HSC alleged that the defendants sold competing systems based on the patents covering the technology; in Stryker’s case, the allegedly infringing product was its OfficePACS Power System.
