Flexible Electronics News

eMagin Terminates License Agreements, Settles Litigation with Global OLED Technology, LLC

Settled in exchange for mutual releases and the payment by eMagin of a one-time, undisclosed settlement amount

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By: DAVID SAVASTANO

Editor, Ink World Magazine

eMagin Corporation announced that it has entered into a settlement agreement with Global OLED Technology, LLC relating to two patent license agreements. Pursuant to the settlement agreement, the parties agreed to terminate the patent license agreements entered into in 1998 and 1999, respectively, between FED Corporation (predecessor to eMagin Corporation) and Eastman Kodak Company (predecessor to Global OLED Technology, LLC), in exchange for mutual releases and the payment by eMagin of a one...

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