Medical laser company Lumenis Ltd. of Yokneam, Israel, and Alma Lasers
Ltd. of Buffalo Grove, Ill., a provider of aesthetic devices based on light, lasers,
radio frequency and ultrasound, announced the settlement of their patent suit, which
had been pending in the US District Court of Chicago. Under the agreement, Lumenis
has granted Alma a license to its complete patent portfolio for use with all of
Alma’s products related to the aesthetic field. Alma will pay Lumenis $6.5
million for the license. The settlement does not include the lawsuits currently
pending in the Israeli courts against Alma Ltd. and its founders for alleged misappropriation
of trade secrets and unjust enrichment. These cases are continuing.
- Electromagnetic radiation detectable by the eye, ranging in wavelength from about 400 to 750 nm. In photonic applications light can be considered to cover the nonvisible portion of the spectrum which includes the ultraviolet and the infrared.
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