Court: Monolithic Power Didn't Violate Deal With Linear Tech
Wednesday July 2nd, 2008 / 23h18
DOW JONES NEWSWIRES A federal court ruled that chip maker Monolithic Power Systems (MPWR) did not breach a 2005 agreement with Linear Technology Corp. (LLTC), and Monolithic said it plans to seek substantial attorneys fees and costs from Linear. Monolithic's shares jumped 8.3% to $25.06 in after-hours trading. There was no after-hours trading of Linear's stock, which closed Wednesday at $32.06, down 1.8%. The U.S. District Court in Delaware also found that Monolithic had not willfully or indirectly infringed on Linear patent claims. Linear makes integrated circuits. However, a jury said an evaluation board made by Monolithic containing a discontinued product had directly infringed Linear's patent claims, and that Linear's patents are valid. Both companies had agreed that damages would total $10 if Linear prevailed in that dispute. In October 2005, Monolithic settled a patent litigation suit filed by Linear for an undisclosed amount. The settlement involved both companies jointly filing a motion to terminate the International Trade Commission's investigation into the matter. The patent-infringement claims involved Monolithic's backlight inverter integrated circuits, which are part of its LCD backlight inverter product family. -By Kathy Shwiff, Dow Jones Newswires; 201-938-5975; Kathy.Shwiff@dowjones.com Click here to go to Dow Jones NewsPlus, a web front page of today's most important business and market news, analysis and commentary: http://www.djnewsplus.com/al?rnd=LW9whl%2BCMpgGy0CJvqg%2FuA%3D%3D. You can use this link on the day this article is published and the following day.
La Bourse de Paris a tenté un rebond à l'ouverture vendredi, est repassée dans le rouge dix minutes après, pour revenir en territoire positif. Dans le sillage de l'indice...
Les valeurs américaines s'inscrivent toujours en fort recul jeudi avec la publication de mauvais chiffres hebdomadaires de l'emploi et les inquiétudes concernant...
La Bourse de Tokyo a fini en hausse de 2,70% vendredi, se retournant après la mi-journée grâce à des rachats de découverts motivés par l'attente d'un redressement de Wall...
L'euro se replie face au dollar, et le billet vert perd du terrain face au yen après la publication de l'indice américain des prix à la production, qui a...
Le baril de brut léger américain a clôturé jeudi sur le marché Nymex en baisse de 7,46%, sous les 50 dollars le baril, la chute des Bourses ne faisant qu'alimenter la crainte...
