MOTOROLA & INTEGRATED CIRCUIT SYSTEMS SETTLE LAWSUIT.Motorola Inc. and Integrated Circuit integrated circuit (IC), electronic circuit built on a semiconductor substrate, usually one of single-crystal silicon. The circuit, often called a chip, is packaged in a hermetically sealed case or a nonhermetic plastic capsule, with leads extending from it for Systems Inc. (ICS (1) (Internet Connection Sharing) A Windows feature that enables two or more computers to share one Internet connection. First introduced in Windows 98 Second Edition, sharing is accomplished with network address translation (NAT), which is the common method. ) announced that they have settled Motorola's lawsuit against ICS and several engineering managers who left Motorola to join ICS. Motorola filed suit in Arizona state court on July 2, 1999, several weeks after various managers and employees of its Timing Solutions Operation left to found a new ICS business unit. Motorola's compliant alleged that ICS had hired the employees to gain access to Motorola technical and business trade secrets and that the departed managers had breached fiduciary duties Noun 1. fiduciary duty - the legal duty of a fiduciary to act in the best interests of the beneficiary legal duty - acts which the law requires be done or forborne and 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. ICS and the other defendants denied the allegations. Under the settlement reached today, Motorola agreed to dismiss its lawsuit in exchange for the defendants' agreement to make an undisclosed monetary payment, to refrain from using or disclosing Motorola confidential information Noun 1. confidential information - an indication of potential opportunity; "he got a tip on the stock market"; "a good lead for a job" steer, tip, wind, hint, lead , and, for limited time periods, to refrain from using certain design technologies, to restrict further hiring and solicitation of Motorola employees, and to grant Motorola certain rights to use certain ICS intellectual property. |
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