Cortus Asserts Intellectual Property Claims Against Microsemi, a Wholly Owned Subsidiary of Microchip Technology Inc. (Nasdaq: MCHP)

Mauguio, France. -- June 7, 2018 – Cortus S.A.S (“Cortus”) has asserted breach of contract, copyright infringement and trade secret misappropriation claims in ICC arbitration against Microsemi, a wholly owned subsidiary of Microchip Technology Inc. (Nasdaq: MCHP), which is a Licensee of Cortus under a Software License Agreement.

“IP is at the heart of our company and therefore it needs to be protected with the strongest determination possible and at all costs” says Michael Chapman President & CEO of Cortus.

Cortus has selected Perkins Coie LLP as its counsel for the arbitration.

About Cortus S.A.S.:

Cortus is a leading semiconductor and embedded systems solutions company, headquartered in Mauguio (Montpellier area, South of France).

Cortus provides a large range of embedded systems solutions including HW, SW, processors (including RISC-V ISA processors), digital, and analog IPs, prototyping and verification solutions in different areas such as SIM cards, bank cards, A, automotive sensors, image processing, industrial controllers, M2M controllers, secure microcontrollers, sensors, smart meters, wireless, touch screen controllers and IoT devices. Cortus cores are inside the products made by over 50 companies and billions of devices have been manufactured containing Cortus processors and IPs.

About Perkins Coie LLP:

Perkins Coie is a leading international law firm that is known for providing high value, strategic solutions and extraordinary client service on matters vital to our clients’ success. With more than 1,000 lawyers in 19 offices across the United States and Asia, Perkins Coie provides a full array of corporate, commercial litigation, intellectual property and regulatory legal advice to a broad range of clients, including many of the world’s most innovative companies and industry leaders as well as public and not-for-profit organizations. Ranked by Law360 as one of the largest IP practices worldwide, Perkins Coie has more than 250 lawyers focused on IP litigation, patent and trademark prosecution, technology licensing, copyrights, trade secret and unfair competition counselling.