RE: My buy not showing...23 Nov 2020 21:48
Extract from RNS with regards to CDE Court Case :
CAP-XX is pleased to announce that, following a court action, it has reached agreement with Cornell-Dubilier Electronics Inc. (CDE), whereby CDE will licence two of CAP-XX's patents on a non-exclusive basis.
CDE is a US based privately owned capacitor manufacturer with over 35,000 customers worldwide. It is also the largest manufacturer of power capacitors in North America.
The royalty rate to be paid to CAP-XX is in line with the royalty rates applicable to other licence agreements with third parties. No further financial details relating to the transaction will be disclosed due to confidentiality provisions in the settlement.