Minelab sues Deus

[vferrari]

XP 1-0 MINELAB !!!!

https://www.pacermonitor.com/public...ELECRONICS_PTY_LTD_v_XP_METAL_DETECTORS_et_al

Take that in your face !!!!!!!!!!!

Uh, nope.

Look at the Oct 19th and 20th entries. XP settled with Minelab out of court, hence the dismissal. Minelab accomplished its goal, whatever that was.

 

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[RustyGold]

I just hope my Deus and Equinox get along when they’re parked next to each other.

 

[shanegalang]

Lol Minelab is suffering from loss of sales because everybody is buying Deus lol Deus is number one and they cant stand it I guess lol

 

[Rick K]

My understanding from a person knowledgable in the matter is that XP found the pain of settlement to be less than the risk/pain of continuing the case. They had advice that the patent could be broken but they made their own business decision to settle.

 

[Iron Patch]

Lol Minelab is suffering from loss of sales because everybody is buying Deus lol Deus is number one and they cant stand it I guess lol

Bingo. And it get's even worse ... I was going to buy the Equinox, but after paying attention for a whole, I think the Makro Multi Kruzer looks better! And I really knew nothing of this brand before 2 weeks ago. Good chance I won't own a Minelab soon... and I'm very happy about that! Never liked that company.

 

[Treasure_Hunter]

Lol Minelab is suffering from loss of sales because everybody is buying Deus lol Deus is number one and they cant stand it I guess lol

I do not believe Minelab is suffering. Info below is from The 2017 annual report of Codan, the parent company of Minelab.


"In FY17, Minelab revenue increased 49% to $148.0 million, and segment profit increased 106% to $61.5 million."


The Annual report for 2018 will be even higher with the new release of the Equinox and continued high sales of the Gold Monster 1000.

 

[vferrari]

Lol Minelab is suffering from loss of sales because everybody is buying Deus lol Deus is number one and they cant stand it I guess lol

This is definitely lol as it is ridiculously not true.

 

[Iron Buzz]

My understanding from a person knowledgable in the matter is that XP found the pain of settlement to be less than the risk/pain of continuing the case. They had advice that the patent could be broken but they made their own business decision to settle.

I only hope that doesn't turn out to be a short-sighted decision.