Ocado Wins Ruling in Patent Fight Over Robot Warehouses
- U.S. trade judge finds no violation of AutoStore patent rights
- AutoStore is seeking to block imports of Ocado robotic system
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Ocado Group Plc shares surged after the U.K. company won the first round in a patent-infringement case filed by rival AutoStore Holdings Ltd. that has been hanging over the online grocery-technology provider.
Ocado shares rose more than 9%, while Autostore dropped as much as 15%. Three AutoStore patents are invalid, while Ocado doesn’t infringe a fourth, U.S. International Trade Commission Judge Charles Bullock said in a posted on the agency’s website.