Intel and VLSI agreed to settle one of their ongoing legal disputes this week. A legal battle in Delaware covered him on five patents, and VLSI reportedly claimed him more than $4 billion in damages. ReutersMeanwhile, the companies have several more lawsuits pending in California and Texas.
The parties have agreed to settle their disputes in Delaware with prejudice so the lawsuit cannot be brought back to court. VLSI has agreed not to sue Intel customers and suppliers over the five CPU patents in this matter, but the processor giant has agreed to dismiss counterclaims. The two companies pay nothing to each other.
“Both parties have agreed to dismiss the claims and counterclaims asserted in this lawsuit.” Court submission read.
Intel and VLSI continue to engage in extensive legal battles in various courts in the United States and abroad. According to VLSI, Intel infringes 19 patents derived from his Freescale, SigmaTel, and NXP. Some claims have been dismissed by juries, but many cases are still pending.
The Delaware lawsuit covering five CPU patents may have been the most fruitful for VLSI, seeking $4 billion in damages. Still, the parties decided to dismiss it. Meanwhile, in March 2021, a Waco, Texas district court ordered Intel to pay him $2.18 billion for his VLSI for infringing two of his patents related to frequency management and memory voltage reduction. I ordered. Intel said he was unable to overturn the ruling in August 2021. In November of this year, a federal jury in Texas ordered Intel to pay VLSI about $949 million for infringing its rights. 7,242,552 This patent covers a method of mitigating the defect problem caused by stress on the bond pad.
Intel and Apple have accused VLSI of illegal patent aggregation. The chip giant also says VLSI’s complex ownership structure allowed investors to “profit from this lawsuit” and “hide their identity from courts and the public.” VLSI, on the other hand, is managed by Fortress Investment Group, a private equity firm owned by SoftBank. SoftBank also owns Arm.