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Computing Systems Containing Certain Power Modules Infringe Vicor Patents

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Vicor (NASDAQ: VICR) announced that Administrative Law Judge Cameron Elliot of the U.S. International Trade Commission issued an Initial Determination on September 27, finding a Section 337 violation in the importation of certain power converter modules and computing systems containing those modules. The determination states that these products infringe on asserted claims of U.S. Patent Nos. 9,516,761 and 9,166,481.

The Initial Determination also found that respondents, including contract manufacturers of computing systems, do not possess a license to practice any claim of the asserted patents. Pending a Final Determination, the International Trade Commission may issue an exclusion order preventing the importation of computing systems with infringing modules into the United States, as well as cease and desist orders barring their sales in the country.

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Positive

  • Potential exclusion order preventing importation of infringing products
  • Possible cease and desist orders barring sales of infringing products in the US
  • Favorable Initial Determination supporting Vicor's patent claims

Negative

  • None.

News Market Reaction 1 Alert

-0.45% News Effect

On the day this news was published, VICR declined 0.45%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Initial Determination from the U.S. International Trade Commission

ANDOVER, Mass., Sept. 30, 2024 (GLOBE NEWSWIRE) -- Vicor Corporation (NASDAQ: VICR) today announced that, on September 27, Administrative Law Judge Cameron Elliot of the U.S. International Trade Commission issued an Initial Determination of a Section 337 violation in the importation into the United States of certain power converter modules and computing systems containing those modules that infringe asserted claims of U.S. Patent Nos. 9,516,761 and 9,166,481.

The Initial Determination also found that respondents to the investigation, including contract manufacturers of computing systems, do not possess a license to practice any claim of the asserted patents.

Subject to its Final Determination, the International Trade Commission may issue an exclusion order precluding importation into the United States of computing systems containing infringing modules and cease and desist orders barring their sales in the United States.

For more information on Vicor and its products, please visit the Company’s website at www.vicorpower.com.

About Vicor

Vicor Corporation designs, develops, manufactures and markets modular power components and complete power systems based upon a portfolio of patented technologies. Headquartered in Andover, Massachusetts, Vicor sells its products to the power systems market, including enterprise and high performance computing, industrial equipment and automation, telecommunications and network infrastructure, vehicles and transportation, aerospace and defense. www.vicorpower.com

Vicor is a registered trademark of Vicor Corporation.

Contact

James F. Schmidt
Chief Financial Officer
978-470-2900
invrel@vicorpower.com


FAQ

What patents did the U.S. International Trade Commission find were infringed in the Vicor case?

The Initial Determination found that certain power converter modules and computing systems containing those modules infringe asserted claims of U.S. Patent Nos. 9,516,761 and 9,166,481, owned by Vicor (NASDAQ: VICR).

What potential actions may the International Trade Commission take regarding Vicor's patent infringement case?

Subject to its Final Determination, the International Trade Commission may issue an exclusion order preventing the importation of computing systems containing infringing modules into the United States, as well as cease and desist orders barring their sales in the country.

When did the Administrative Law Judge issue the Initial Determination in the Vicor (VICR) patent case?

Administrative Law Judge Cameron Elliot of the U.S. International Trade Commission issued the Initial Determination on September 27, 2024.

Did the Initial Determination find that respondents had a license to use Vicor's (VICR) patents?

No, the Initial Determination found that respondents to the investigation, including contract manufacturers of computing systems, do not possess a license to practice any claim of the asserted patents owned by Vicor.
Vicor Corp

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Electronic Components
Electronic Components, Nec
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United States
ANDOVER