Atmel and STMicroelectronics Announce Litigation Settlement & Patent Cross-License.Business Editors/High-Tech & Legal Writers SAN JOSE, Calif. & GENEVA--(BUSINESS WIRE)--Dec. 13, 2000 Atmel(R) Corporation (Nasdaq:ATML ATML Automatic Test Markup Language ATML Automated Test Markup Language ) and STMicroelectronics (NYSE NYSE See: New York Stock Exchange :STM (Scanning Tunneling Microscope) A microscope that can image down to the atomic level. An STM uses a piezoelectric tube with a tiny sharp tip at the end that is moved within nanometers of the object being sampled. ) announced today that they have settled all claims against each other pursuant to pending patent litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. lawsuits filed before the Federal Courts of the Northern District of Texas and the District of Delaware. In connection with the settlement, both companies have entered into a broad patent cross-license agreement. Both companies expressed their satisfaction with the terms of the confidential license agreement, which they believe reinforces the strength of their respective patent portfolios (specifically including the patents involved in the litigations). In addition to announcing the settlement, the companies announced that they are evaluating other areas of further cooperation. About Atmel Founded in 1984, Atmel Corporation is headquartered in San Jose, Calif. with principal manufacturing facilities in Colorado Springs, Colo., Nantes and Rousset and Grenoble, France and Heilbronn, Germany. Atmel designs, manufactures and markets on a worldwide basis advanced logic, mixed-signal, nonvolatile memory, and RF semiconductors. Atmel is also a leading provider of system-level integration semiconductor solutions using advanced CMOS (Complementary Metal Oxide Semiconductor) Pronounced "c-moss." The most widely used integrated circuit design. It is found in almost every electronic product from handheld devices to mainframes. , BiCMOS, BiPolar and SiGe process technologies. Atmel product and financial information can be retrieved from its Fax-on Demand service. In North America call 800/292-8635. Internationally from a fax phone, dial 408/441-0732. Requests may be sent via e-mail to literature@atmel.com or by visiting Atmel's website at http://www.atmel.com. About STMicroelectronics STMicroelectronics (formerly SGS-Thomson Microelectronics) is a global independent semiconductor company, whose shares are traded on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. , on the Paris Bourse and on the Milan Stock Exchange Milan Stock Exchange The largest regional stock exchange in Italy, facilitating more than 90% of the country's trading volume. . The company designs, develops, manufactures and markets a broad range of semiconductor integrated circuits (ICs) and discrete devices used in a wide variety of microelectronic applications, including telecommunications systems, computer systems, consumer products, automotive products and industrial automation and control systems. In 1999, the company's net revenues were $5.056 billion and net earnings were $547 million. Further information on ST can be found at www.st.com. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion