Ocado paid £200m after winning 'robot wars' against Norwegian rival
Ocado will be paid £200m after winning a “robot wars” legal battle against a Norwegian rival that accused it of infringing its automation patents.
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Ocado will be paid £200m after winning a “robot wars” legal battle against a Norwegian rival that accused it of infringing its automation patents.
The chief executives of Ocado Group and AutoStore both said they were glad to have resolved their differences.
The retail giant, which licenses automated technology for supplying groceries, said it and AutoStore have settled their long-running dispute over robot patents.
The chief executives of Ocado Group and AutoStore both said they were glad to have resolved their differences.
The shares have jumped by 324 per cent since flotation in 2010 but are down by 78 per cent since their peak of 2895p in September 2020.