Maytronics enters into settlement agreement with Chasing Innovation Technology

A settlement agreement reached between Maytronics, a global leader in the swimming pool industry, and Chasing Innovation Technology, will see Chasing cease production and sales of robotic pool cleaners that utilise the technology and innovations described and claimed in Maytronics’ Patents.

Maytronics’ settlement agreement with Chasing Innovation Technology Co., Ltd. and Chasing Technology (USA), LLC (collectively ‘Chasing’) resolved claims of patent infringement related to innovative robotic pool cleaning technology covered by Maytronics US Patent No. 10,378,229 and European Patent Nos. 2,845,969 and 2,706,170 (“Maytronics’ Patents”).

In October 2023, Maytronics filed a patent infringement complaint against Chasing in the US District Court for the Western District of Washington. As a result of the parties’ settlement, that complaint will be dismissed.

The remaining terms of the settlement agreement remain confidential.

Franck Sogaard, Maytronics Chief Revenue Officer and President of Americas, EMEA and APAC advised “we are pleased this matter has been resolved. Maytronics invests considerable time and resources to develop and protect technologies that not only differentiate its products in the market but that define trends in the market.

“With this settlement, Maytronics re-enforces its commitment to protect its intellectual property and maintain its innovative edge in the global pool cleaning market. This settlement will allow us to focus our full attention on the future by innovating and creating consumer-driven, value-minded, integrated pool products that provide our customers with the perfect pool environment.”

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Image above: Maytronics 9991481 ASSY