Ocado Shares Jump After It Beats Norwegian Robot Rival in London Court
- London judge invalidates two remaining AutoStore patents
- AutoStore said decision will not impact business or operations
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Ocado Group Plc shares gained after the automated warehouse maker won a key UK ruling against Norwegian rival AutoStore Holdings Ltd. in a long-running global dispute over patent infringements.
A London judge invalidated the two remaining patents at the heart of the disagreement, Ocado said Thursday. The pair have been locked in a global legal fight for years over Ocado’s warehouse system where robots move thousands of customer orders as they glide around a chessboard-like grid.