Cypress Announces That Avago Technologies Has Dropped Patent Lawsuit Regarding Optical Navigation Technology

Cypress Semiconductor Corp. CY today announced that Avago Technologies, Inc. has dropped its lawsuit against Cypress. The lawsuit, filed in U.S. District Court in Delaware, had claimed that Cypress's OvationONS^ products infringed on Avago optical navigation patents. OvationONS products enable finger navigation in handheld devices. Cypress paid no damages and admitted to no infringement in the case.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: NewsEvents
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!