Overview
- Bobcat Company filed coordinated complaints in the U.S. District Court for the Eastern District of Texas, the U.S. International Trade Commission, the EU’s Unified Patent Court and a German federal court.
- The asserted patents cover technologies tied to maneuverability, power, efficiency and overall machine performance.
- Bobcat says the actions aim to protect its patented technologies and uphold fair competition built over more than 65 years of product development.
- The company seeks monetary damages and trade relief that could block imports of equipment it alleges infringes its intellectual property.
- Doosan Bobcat shares rose 4.96% to 59,300 won after the disclosure, outpacing the KOSPI’s 1.04% gain, as the company also said it is considering buying Wacker Neuson with no decision made.