AGCO beats Deere in action in the US

Jury decision in the State of Delaware found that equipment from AGCO Corp. did not infringe on Deere & Co. patents. The infringement allegedly occurred in planter components from Precision Planting LLC, a subsidiary of AGCO.

The case began in 2018, encompassing 12 patents. It was later reduced to two.

Documents filed with the US Securities and Exchange Commission (SEC) estimated the value at up to US$7 million.

In short, the jury found that Deere & Co did not prove that the vSet2 and SpeedTube equipment, from the AGCO subsidiary, infringe its 663 and 955 patents. As the action was filed by Deere, it was up to it to prove what was initially alleged.

A AGCO bought Monsanto's Precision Planting in 2017.

The case of Deere & Company v. AGCO Corporation, et al., assigned number 1:18-cv-00827 -- Civil Action N 18-827-CFC.

The judges' decision can be read at the link below.