WASHINGTON (BRAIN) — A U.S. Patent and Trademark Office board has sided with Fox Factory and invalidated parts of a key SRAM patent on its X-Sync wide-narrow chainrings. The board’s decision could lead to a resolution of several long-running patent-related suits between SRAM and Fox.
The dispute dates to 2015, when SRAM sued RaceFace (which Fox had acquired in 2014) for infringing on two of its chainring patents. Several other brands offering similar chainrings had agreed to license the X-Sync technology from SRAM, but RaceFace took it to court.
Separately, in 2016 Fox sued SRAM, which owns RockShox, for infringing
BRASELTON, Ga. (BRAIN) — Fox Factory’s bicycle-related business was up 22.4% last year, totaling $367 million.
And Fox’s CEO said he’s optimistic that demand for bikes — especially those with Fox suspension — will remain strong for the rest of 2021 and beyond.
“There is a lot of demand for higher-end bikes and things like e-bikes as well,” Dennison told analysts on a call Thursday. “We really, really like what we are seeing relative to the premium category. Obviously we fit in really well in that space and that helps .”
Fox sells bike parts under the Fox, Marzocchi, RaceFace
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