Greater Than AB and ABAX AS reach final settlement in ongoing legal disputes
Greater Than AB and ABAX AS reach final settlement in ongoing legal disputes
Greater Than AB and ABAX AS have today entered into a settlement agreement, resolving all outstanding disputes between the two companies, including the proceedings before the Stockholm District Court in case nos. T 17624-24 and T 2535-25. Under the terms of the settlement, ABAX AS will pay Greater Than AB a total amount of SEK 64 million, with an impact on Greater Than’s operating result of approximately SEK 40 million during the third quarter of 2026.
The settlement is a commercial resolution of the disputes and does not constitute any admission of liability or wrongdoing by either party. As part of the settlement agreement both parties confirm that no infringement of Greater Than’s intellectual property rights has occurred. Both companies consider the matters fully resolved. The parties have also agreed not to pursue any further claims against each other arising from their previous contractual relationship.
“I am pleased that we have reached a mutually agreeable resolution,” says Johanna Forseke, CEO of Greater Than. “Our technology is at the core of what we do and protecting our IP has always been critical to our business. I’m glad to have this process concluded so we can move forward with full focus on our business priorities.”
GREATER THAN AB
Johanna Forseke, CEO of Greater Than AB