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MYDATA Licenses Asymtek's Jetting
November 12, 2007 |Estimated reading time: Less than a minute
STOCKHOLM, Sweden and CARLSBAD, Calif. MYDATA Automation AB signed a license agreement with Nordson Corporation involving patents for jetting processes developed by Asymtek, a Nordson subsidiary. MYDATA will incorporate Asymtek's jetting in their jet printer products for SMT applications.
Sharing the intellectual property (IP) will strengthen product development and applications for both companies, according to representatives. It will impact a large group of customers as well, said Bengt Broman, CEO, MYDATA Automation AB. The licensing agreement opens new markets for Asymtek, without endangering IP, added Alec J. Babiarz, president, new business development, Asymtek.