Cadence Wins Patent Case Brought by Mentor Graphics.Business Editors/High-Tech Writers SAN FRANCISCO--(BUSINESS WIRE)--Feb. 19, 2003 Jury Unanimously Rejects Allegations of Misappropriation misappropriation n. the intentional, illegal use of the property or funds of another person for one's own use or other unauthorized purpose, particularly by a public official, a trustee of a trust, an executor or administrator of a dead person's estate, or by any of Trade Secrets and Patent Infringement; Mentor Patents Found Invalid Cadence Design Systems (company) Cadence Design Systems - A company that sells electronic design automation software and services. http://cadence.com/. See also Verilog. , Inc. (NYSE NYSE See: New York Stock Exchange :CDN (Content Delivery Network) A system of distributed content on a large intranet or the public Internet in which copies of content are replicated and cached throughout the network. ) today announced that a San Francisco federal court jury unanimously rejected allegations by Mentor Graphics that Quickturn Design Systems, a Cadence company, had misappropriated mis·ap·pro·pri·ate tr.v. mis·ap·pro·pri·at·ed, mis·ap·pro·pri·at·ing, mis·ap·pro·pri·ates 1. a. To appropriate wrongly: misappropriating the theories of social science. trade secrets and infringed Mentor patents. The jurors ruled that all Mentor patent claims asserted in the case are invalid. The eight-person jury deliberated nine days before rendering its unanimous verdict in the U.S. Federal District Court for the Northern District of California, clearing Cadence of all wrongdoing wrong·do·er n. One who does wrong, especially morally or ethically. wrong  do . The trial,
which began January 6, focused on technology used in Quickturn's
Mercury(TM) and MercuryPlus(TM) emulation systems.
"We are gratified, but not surprised, that our technology, scientists and product-development process have been vindicated," said Cadence president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Ray Bingham. "We continue to focus our energy on innovation to better serve our customers, and on enhancing and protecting our intellectual property." Mentor originally accused Quickturn and Cadence of infringing six patents, but U.S. District Court Judge Susan Illston declared three of the patents invalid in pre-trial rulings and dismissed all allegations concerning those three patents. The court also earlier dismissed a breach of confidence claim brought by Mentor against Cadence. About Cadence Cadence is the largest supplier of electronic design technologies, methodology services, and design services. Cadence solutions are used to accelerate and manage the design of semiconductors, computer systems, networking and telecommunications equipment, consumer electronics, and a variety of other electronics-based products. With approximately 5,300 employees and 2002 revenues of approximately $1.3 billion, Cadence has sales offices, design centers, and research facilities around the world. The company is headquartered in San Jose, Calif., and 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. under the symbol CDN. More information about the company, its products and services is available at www.cadence.com. Cadence and the Cadence logo are registered trademarks and Mercury and MercuryPlus are trademarks of Cadence Design Systems, Inc. All other trademarks are the property of their respective owners. Note: In "MercuryPlus(TM)," "Plus" should read as superscript. |
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