Of 35 companies whose patent activity was analyzed using the Patent Board s Patent Scorecard metrics, Leviton received the second highest ranking in Tech Strength of all companies surveyed and moved up 3 percentage points in Current Impact over last quarter s ratings.
"Our exceptionally high ranking in the areas of tech strength and industry impact is evidence of our leadership in pioneering new technologies that set the benchmark in our industry," said Donald J. Hendler, President and CEO of Leviton. "It is a tribute to our staff of talented engineers that we stand at the forefront of progress and innovation in the marketplace. Given the very high profile of those industry giants and the relative size of their patent portfolios, all of us at Leviton could not be more pleased."
The 13-week rolling average of manufacturers of Industrial Components & Fixtures was published in the April 22nd issue of The Wall Street Journal. It positions Leviton highly favorably when compared to companies of significantly greater size, market capitalization and size of their patent portfolio. Leviton s rating in the Tech Strength category placed it nearly 40 points ahead of General Electric, 65 points ahead of the Legrand Group, 90 points ahead of Thomas & Betts and 100 points ahead of Lutron Electronics.
The Patent Board s Scorecard rates corporate innovation across 17 industries and combines more than 50 industry-standard indicators to arrive at measures of patent portfolio quality, technological strength and breadth of impact. The aggregate score received by a company determines its ranking. The Scorecard criteria includes measures of a company s technology strength, industry impact, patents granted, science strength, research intensity and innovation cycle time.
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