Davidson Instruments, Inc. sues Parker-Hannifin Corporation, alleging antitrust violations, theft of trade secrets, and copyright infringement and other acts due to fraudulent patent filings based on Davidson trade secrets
THE WOODLANDS, Texas--(BUSINESS WIRE)--Davidson Instruments, a world leader in the development of fiber optic pressure measurement systems for use in harsh industrial applications, alleges that Parker-Hannifin Corporation (NYSE: PH) is responsible for the filing of a fraudulent patent application in 2024, other fraudulent patent filings, and other acts of theft and misappropriation of Davidson's trade secrets. Davidson's trade secrets can eliminate greenhouse gas emissions and also maximize fuel efficiency in jet engines and other industrial combustion turbine engines when used with advanced combustion control systems.
Davidson alleges that Parker misappropriated Davidson's proven trade secret technology after Parker failed to develop a similar fiber optic pressure sensing system through an initiative that it began in 2013. Davidson further alleges that Parker has been attempting to use fraudulent patent filings to control the market for innovations of Davidson's fiber optic sensing technology for use in jet engines.
Davidson believes it is entitled to damages of at least $900,000,000 and certain injunctive relief. The case is: Davidson Instruments, Inc. v. Parker-Hannifin Corporation, 2:25-cv-00520, filed on May 12, 2025, in the U.S. District Court for the Eastern District of Texas, in Marshall, Texas. A redacted public copy of the lawsuit is available on Davidson's website: www.davidson-instruments.com
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Business Wire
32 minutes ago
- Business Wire
Avangrid Invests In The Next Generation With Its 2025 Summer Internship Program
ORANGE, Conn.--(BUSINESS WIRE)--Avangrid, Inc., a leading energy company and member of the Iberdrola Group, this week launched its 2025 Summer Internship Program. This year, the company welcomes 71 interns from over 50 universities across the United States and abroad, including participants from Spain and Mexico. Interns will be based at Avangrid offices located in New York, Maine, Connecticut, Massachusetts, and Oregon, and will join 20 different departments including IT, Communications, and Networks. 'At Avangrid, attracting and nurturing emerging talent is one of our key priorities,' said Avangrid CEO Pedro Azagra. 'Our internship program is designed to help students strengthen their skills and gain real-world experience before entering the workforce. Through workshops, speaker sessions, and peer networking events like Cohort Connects, we aim to equip them with the tools they need for a successful, differentiated and fulfilling career.' Kicking off on June 2, the Internship Experience will demonstrate Avangrid's dedication to career growth by teaching skills such as analytical thinking, project coordination, and professional resilience. New interns will participate in sessions focused on practical, job-ready skills, while returning interns will deepen their learning through speaker sessions with senior leaders who bring those skills to life. 'Offering this unique internship experience to students across the nation is essential,' said Ignacio Estella, Senior Vice President for Talent & Performance, Innovation and Equal Opportunity. 'Our goal is to 'electrify' talent with solid career opportunities in the transformational energy sector with a local and global leader, and to showcase the differentiated career paths that Avangrid can offer to the next generation of professionals.' The Internship Experience follows a 70/20/10 learning model designed to maximize growth: 70% of learning happens through hands-on, business-critical projects; 20% through relationship-building with mentors, peers, and leaders; and 10% through formal training, such as workshops and speaker sessions. Interns conclude the program by presenting a five-minute pitch showcasing their achievements—an opportunity that often leads to full-time roles or entry into Avangrid's Rotational Graduate Program. 'Being part of this program has already been an incredible opportunity,' said June Monasterios, a rising senior at Gannon University and an intern in the Internal Audit team. 'Even in just the first week, I've felt both welcomed and inspired. I'm beginning to understand not only the energy industry, but also how to grow as a professional. It's exciting to be part of a company that truly values sustainability, innovation, and its people.' About Avangrid: Avangrid, Inc. is a leading energy company in the United States working to meet the growing demand for energy for homes and businesses across the nation through service, innovation, and continued investments by expanding grid infrastructure and energy generation projects. Avangrid has offices in Connecticut, New York, Massachusetts, Maine and Oregon, including operations in 23 states with approximately $47 billion in assets, and has two primary lines of business: networks and power. Through its networks business, Avangrid owns and operates eight electric and natural gas utilities, serving more than 3.3 million customers in New York and New England and in 2024. Through its power generation business, Avangrid owns and operates more than 75 energy generation facilities across the United States producing 10.5 GW of power for over 3.1 million customers. Avangrid employs approximately 8,000 people and has been recognized by JUST Capital as one of the JUST 100 companies – a ranking of America's best corporate citizens in 2025 for the fifth consecutive year. The company was named among the World's Most Ethical Companies in 2025 for the seventh consecutive year by the Ethisphere Institute. Avangrid is a member of the group of companies controlled by Iberdrola, S.A. For more information, visit
Yahoo
37 minutes ago
- Yahoo
Stargate UAE AI Deal Stalls Over U.S. Chip Rules
AI behemoth Stargate UAE has hit a roadblock because U.S. officials are still hashing out security terms for exporting advanced chips. Nvidia (NASDAQ:NVDA), Oracle (NYSE:ORCL), OpenAI, Cisco Systems (NASDAQ:CSCO), SoftBank Group (SFTBY) and UAE's G42 teamed up last month after President Trump's Middle East stop to launch what could become a 5-gigawatt AI data-center powerhouse. Warning! GuruFocus has detected 4 Warning Signs with NVDA. The first 200-megawatt chunk was supposed to go live in 2026, operated by OpenAI and Oracle, but nobody's signed off on the chip-export rules yet, so the deal remains on ice. Although G42 says the project builds on the new U.S.-UAE AI Acceleration Partnership, which aims to foster safe, responsible AI, Washington still worries about the UAE's China tiesrecalling how the UAE let Huawei (now under U.S. fire) roll out 5G during Trump's first term. OpenAI and G42 both have Microsoft (NASDAQ:MSFT) backing, but even that doesn't erase concerns that Chinese hardware or talent could leak U.S. tech to adversaries. Because of those unresolved security questionslike banning Chinese gear on site or limiting who can work therethe Commerce Department, Nvidia, OpenAI, G42, Microsoft, Oracle and SoftBank all declined to say when any approval might come. And adding drama, Elon Musk recently hinted he might torpedo the whole thing unless xAI gets a seat at the table. Investors should care because if the UAE pushes back on U.S. curbsinsisting on looser rulesthe entire Stargate plan could stall, undermining a high-profile attempt to export American AI clout. Watch for any new U.S. export guidelines and whether Abu Dhabi caves to get those cutting-edge chips; otherwise, this megaproject could sit stalled well past 2026. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
38 minutes ago
- Yahoo
Trump's $14B Power Play: Japan Buys US Steel--But America Keeps the Keys
The $14.1 billion takeover of United States Steel (NYSE:X) by Japan's Nippon Steel is alive, kickingand reportedly on track to close before a key June 18 deadline. Sources close to the matter say talks with the U.S. government are moving toward the finish line, with negotiations centering around national security, governance, andof coursepolitics. The Committee on Foreign Investment in the United States (CFIUS) hasn't wrapped up its investigation just yet, but insiders say it's likely to greenlight the deal before time runs out. Markets are pricing in success: US Steel shares have hovered above $53 since late May, brushing right up against Nippon's $55-a-share offer. Warning! GuruFocus has detected 8 Warning Sign with X. But this isn't your typical cross-border M&A deal. Under the current framework being discussed, US Steel will stay headquartered in Pittsburgh, retain an American CEO, and operate under a U.S.-majority boardwith some positions needing government signoff. Trump, who's taken a victory lap on the campaign trail, says his push added a $5,000 worker bonus and locked in $9.2 billion in future steel investments. He's also promised no layoffs, no outsourcing, and full blast furnace capacity for a decade. Whether all of that makes it into the final signed documents remains to be seenbut the direction is clear: Japanese capital, American command. There's still a court case technically underway, stemming from the Biden administration's earlier attempt to block the deal. The Justice Department just asked for an eight-day extension to keep negotiatinganother signal that both sides are close. And if this closes? Nippon Steel won't just own a symbol of American industry. It'll own a politically engineered hybridwith a Japanese parent and a very American playbook. This article first appeared on GuruFocus.
