Silicon Labs, MaxLinear Report Settlement Infringement Suits

Silicon Labs SLAB and MaxLinear Inc. MXL today announced a satisfactory settlement of all litigation between the two companies. MaxLinear has granted Silicon Labs a license to its substantial patent portfolio for the accused Silicon Labs products. Silicon Labs has granted MaxLinear a license to its substantial portfolio of patents for the accused MaxLinear products. As part of the settlement, the two companies have agreed to enter into a three-year covenant not to sue. The companies have also agreed to dismiss all pending cases.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: NewsLegal
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!