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Visteon Granted Preliminary Injunction Against Lernout & Hauspie
Dearborn, Mich. (ots-PRNewswire) - Visteon Corporation (NYSE: VC) has been granted a preliminary injunction by the Suffolk County Superior Court in Massachusetts against Lernout & Hauspie (L&H). The injunction prohibits L&H from taking any action with any company other than Visteon to develop, market, license or sell voice solutions for automotive applications for OEMs or the aftermarket.
Visteon filed an action to enforce its joint venture with L&H on Oct. 13 in Suffolk County Superior Court in Massachusetts. On May 25, 2000, Visteon and L&H entered into a joint venture where the parties agreed to exclusively work together to combine Visteon's expertise in automotive speech design and integration and L&H's full range of speech technologies to develop automotive applications.
Visteon Corporation is a leading full-service supplier that delivers consumer-driven technology solutions to automotive manufacturers worldwide and through multiple channels within the global automotive aftermarket. Visteon has a global delivery system of more than 130 technical, manufacturing, sales, and service facilities located in 23 countries. It has 81,000 employees working in three business segments: Dynamics and Energy Conversion; Comfort, Communication and Safety; and Glass.
ots Original Text Service: Visteon Corporation Internet: http://recherche.newsaktuell.de
Web site: http://www.visteon.comOriginal-Content von: Visteon Corporation, übermittelt durch news aktuell