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Caterpillar Inc. (CAT1.F)

Frankfurt - Frankfurt Delayed Price. Currency in EUR
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298.00+2.00 (+0.68%)
At close: 03:32PM CET
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    Deere's Wirtgen wins $12.9 million from Caterpillar in road-construction patent trial

    Deere & Co subsidiary Wirtgen America convinced a federal jury in Delaware on Thursday that construction rival Caterpillar must pay $12.9 million in damages for violating its patent rights in road-building technology. The jury determined that Caterpillar's road-milling machines, which remove the surfaces of roads before repaving them, infringe five Wirtgen patents, a spokesperson for Wirtgen's law firm Sterne Kessler Goldstein & Fox said. The jury also found that Caterpillar's infringement was willful, which could lead a judge to multiply the damages up to three times.