Micron Technology, Inc., Brings Lawsuit against Rambus in Italy.BOISE, Idaho “Boise” redirects here. For other uses, see Boise (disambiguation). Boise is the capital and most populous city of the U.S. state of Idaho. It is the county seat of Ada County and the principal city of the Boise metropolitan area. -- Micron Technology, Inc., (NYSE NYSE See: New York Stock Exchange :MU) today announced that it has brought a new lawsuit against Rambus Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :RMBS RMBS Residential Mortgage-Backed Securities RMBS Rambus, Inc. (NASDAQ stock symbol) RMBS Russian Mortgage-Backed Securities ) in the Court of Milan, Italy. In the suit, Micron and its Italian subsidiary, Micron Technology Italia, S.r.l., seek more than $30 million in damages and interest relating to a preliminary patent infringement patent infringement n. the manufacture and/or use of an invention or improvement for which someone else owns a patent issued by the government, without obtaining permission of the owner of the patent by contract, license or waiver. action initiated by Rambus in September 2000. Micron's complaint alleges that Rambus wrongfully obtained an order to seize certain materials from a Micron facility in Avezzano, Italy, while knowing that the Court of Monza, Italy, lacked jurisdiction over Micron. The complaint further alleges that the Court of Monza granted the order, at least in part, in reliance on Rambus misrepresentations, and that Rambus enforced the seizure order in bad faith causing injury to Micron. "We believe that Rambus abused the legal process, and that Micron is entitled to recover damages caused by Rambus' actions in Italy," said Rod Lewis, Micron's Vice President of Legal Affairs and General Counsel. The Monza judge ultimately held on the merits on the merits adj. referring to a judgment, decision or ruling of a court based upon the facts presented in evidence and the law applied to that evidence. A judge decides a case "on the merits" when he/she bases the decision on the fundamental issues and considers that Micron's memory products did not infringe the Rambus patent. The European Patent Office later invalidated and revoked the Rambus patent at issue in the Italy proceeding, and has preliminarily revoked two other Rambus patents on the basis that Rambus improperly attempted to expand the claims of the patents. Separately, a court in London, England, dismissed Rambus' patent infringement suit after the European Patent Office revoked the patent, and the court recently awarded Micron costs. Micron Technology, Inc., is one of the world's leading providers of advanced semiconductor solutions. Through its worldwide operations, Micron manufactures and markets DRAMs, NAND flash memory, CMOS image sensors, other semiconductor components, and memory modules for use in leading-edge computing, consumer, networking, and mobile products. Micron's common stock is 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. (NYSE) under the MU symbol. To learn more about Micron Technology, Inc., visit www.micron.com. Micron and the Micron orbit logo are trademarks of Micron Technology, Inc. All other trademarks are the property of their respective owners. |
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