Navico and Raymarine Settle Sonar Dispute


Navico Holding AS, parent company to the Lowrance, Simrad and B&G brands, announced that it has resolved the dispute with Raymarine Inc.  through a license to Navico’s patented DownScan sonar technologies.  Raymarine and Navico have mutually agreed to dismiss all patent litigations and disputes between them.  The terms of the patent license and resolution are confidential.