Verasonics said today that it inked a settlement deal with SuperSonic Imagine to drop ongoing patent litigation between the two companies.
Last March, Seattle, Wash.-based Verasonics filed a suit against French ultrasound maker and competitor SuperSonic Imagine alleging it infringed on Verasonics patents related to software beamforming architecture.
The suit, filed in the US District Court for the Western District of Washington, claimed that Supersonic Imagine misappropriated trade secrets from Verasonics for the development and production of its Aixplorer ultrasound systems.
Verasonics said that Supersonic Imagine licensed use of Verasonics technology but that the licensing agreement expired at the end of 2014. Verasonics went on to claim that Supersonic Imagine continued to use its technology without a license.
In the press release posted today, Verasonics said that both parties released a settlement that included SuperSonic Imagine taking a license for certain intellectual property owned by Verasonics.
SuperSonic Imagine has also inked a deal to cross-license technology to Verasonics, according to a press release.
