Trident, Via agree to end legal suits
Trident, Via agree to end legal suits
By Semiconductor Business News
April 20, 2000 (1:17 p.m. EST)
URL: http://www.eetimes.com/story/OEG20000420S0018
Via Technologies Inc. and Trident Microsystems Inc. today announced the end of a legal battle over patents and a troubled partnership in chip-set designs for personal computers. Under the settlement, pending lawsuits will be dismissed and Trident will receive $10.2 million from Via Technologies, Hsinchu, Taiwan, for a desktop software driver licensing fee. The agreement to bury the legal hatchet is contingent upon the dismissal of all pending lawsuits in the United States and Taiwan, said the two companies, which added that they are not in full control of all legal actions in the dispute. Last summer, Trident sued Via in U.S. court, charging the Taiwan chip set maker with breach of contract, fraud, and patent infringement. Trident, Santa Clara, Calif., accused Via of illegally hiring 25 engineers and breaking a marketing pact for jointly designed products. "We are pleased that these long-pending business disagreements and lawsuits are being resolved," said Gerry Liu, president of Trident's video graphics/communications business unit. "This contingent settlement news not only encourages Trident and Via but also reaffirms our commitment to the mutual customers." Via president Wen-Chi Chen added that the settlement will enable the two chip companies to focus more resources on meeting the needs of mutual customers.
Related Semiconductor IP
- UCIe D2D Adapter & PHY Integrated IP
- Low Dropout (LDO) Regulator
- 16-Bit xSPI PSRAM PHY
- MIPI CSI-2 CSE2 Security Module
- ASIL B Compliant MIPI CSI-2 CSE2 Security Module
Related News
- Lexra takes steps to end MIPS legal battle
- InterDigital(R) and Nokia Agree to End English Court Actions
- Opti postpones liquidation to consider patent infringement suits
- Firm does marketing, sales and legal for IP vendors
Latest News
- Arasan acheives the Industry's First ASIL-D Certification for its CAN XL IP Core
- Quintauris and Elektrobit Partner to Enable Reliable RISC-V Solutions for Automotive
- Wind River Joins the CHERI Alliance and Collaborates with Innovate UK to Accelerate Cybersecurity Innovation
- Arteris and MIPS Partner to Accelerate Development for Physical AI Platforms
- DCD-SEMI expands CryptOne with EdDSA Curve25519 IP core for secure embedded systems