Business & Finance
Business and Finance
Business and Finance
Thu, February 10, 2011
Federal Appeals Court Hears Arguments in GE Patent Dispute with Mitsubishi
WASHINGTON--([ BUSINESS WIRE ])--Today the U.S. Court of Appeals for the Federal Circuit heard arguments in GEa™s (NYSE:GE) patent dispute against Mitsubishi Heavy Industries, Ltd. (MHI) for certain wind turbine technologies that GE alleges MHI has infringed. GE spokesman Dan Nelson released the following statement:
"We believe in the merits of our case against MHI and we will continue to protect our intellectual property in the U.S. and around the world."
aTodaya™s hearing was about one issuea"the protection of GEa™s intellectual property.
aStrong intellectual property rights promote investment, foster innovation and encourage commercial deployment of technology.
"Thanks to strong intellectual property laws we are able to support more than 5,000 GE and supplier jobs in several locations across the United States. The protection of intellectual property is at the heart of job creation, innovation and the development of our clean energy future.
aEach year we invest billions to drive innovation, and encourage the commercial deployment of clean energy technology. Protecting intellectual property rights is essential to the health and growth of the clean energy industry.
"We believe in the merits of our case against MHI and we will continue to protect our intellectual property in the U.S. and around the world."
