Callaway and Titleist Settle Lawsuit
By mustang6560 on 4/17/12
The longstanding patent infringement lawsuit between equipment giants Callaway and Titleist is finally over.
Callaway Golf Company and Acushnet Company jointly announced today that they have reached a settlement of all pending litigation and disputes, including disputes beyond the golf ball suits between the parties. No money changed hands, but under the terms of the agreement, each company will have specified rights to make ball and club products under patents owned by the other. Details of the settlement are confidential.In the original lawsuit, which dates back to February 2006, Callaway claimed Titleist infringed on its patents in the development of the Pro V1 golf balls. The lawsuit went back and forth over the next six years until last week when both companies agreed on a settlement. If you are interested in reading more about the lawsuit, then read this article that GolfDigest published last year.
I am no legal expert, but it seems as though both companies wasted a lot of time and money over the last half decade. The two sides essentially ended up agreeing to keep the status quo, which is everyone can continue to do what they were doing.
Image via Flickr, mhofstrand
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[ comments ]
Scott Shields says:
Hopefully it causes the price of the golf ball to come down.
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