A Michigan company has filed a suit against Oxford-based IPG Photonics, calling for IPG to cease the misuse of intellectual property following the termination of license negotiations between the two companies.
Ann Arbor-based IMRA America claims that the intellectual property is important technology for obtaining high power and high pulse energy from state of the art fiber lasers. An IMRA press release stated that IMRA has licensed this technology to other fiber laser and component manufacturers.Â
The company has over 40 patents in ultrafast and high peak power fiber laser industrial research and development.
IPG Photonics recently announced its first IPO, and exercised an over-allotment option. Read more by clicking here.
