29 Mar Primex, Visiplex settle suit over clock-setting technology
Lake Geneva, Wis. — Primex Wireless Inc. said it has settled a lawsuit with Visiplex Technologies Inc. in Deerfield. The suit involved patents on automatically setting clocks in schools, hospitals or other institutions based on the clocks in GPS satellites. Both companies are privately held, and terms of the settlement were not disclosed. Primex said in a statement that “the marketplace is large enough for both companies.”