Irvine-based laser maker Newport Corp. said Monday it has settled a patent infringement suit lodged by a subsidiary against Oxford, Mass.-based IPG Photonics Corp.
Spectra-Physics Inc., which was bought by Newport in 2004, claimed last June that IPG infringed on a patent for an optical fiber laser and amplifier.
Terms of the settlement weren’t revealed.
IPG, which had purchased equipment from Newport in the past, said the settlement would have no impact on its financials.
Newport couldn’t say what impact, if any, the settlement would have on the company.
