SiliconBeat

Align Technology, the Santa Clara manufacturer and supplier of the Invisalign teeth-straightening system, lost a jury verdict in a patent infringement lawsuit brought against it in January 2003 by Ormco Orthodontics.

The jury found that Read the rest of this entry »

Align Technology, which let go about 10 percent of its employees last year, reported last week that it paid out nearly $500,000 in bonuses among its four of its top executives.

Thomas Prescott, the company’s chief executive, was awarded a $275,000 $244,325 bonus (Align corrects with higher figure in an amended filing), while Len Hedge, senior vice president of business operations, was given a $141,000 bonus. Roger George, the company’s chief lawyer, was given $107,000 in bonus cash and Kenneth Arola, the company’s chief financial officer, got a cash bonus of $101,000.

We previously posted regarding the company’s plans to relocate some of its Santa Clara operations to other countries.

For the second time in four months, Align Technology said it would cut jobs and relocate certain operations from Santa Clara to other countries. On Thursday, the maker of the Invisalign-brand teeth straighteners said it will reduce its workforce by 111 employees, or about 8 percent of its staff, with 46 of the jobs being eliminated between now and January and the rest Read the rest of this entry »