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IFX - Infineon Technologies AG News Story

€32.25 0.0  0.0%

Last Trade - 05/05/21

Sector
Technology
Size
Large Cap
Market Cap £36.22bn
Enterprise Value £39.44bn
Revenue £8.63bn
Position in Universe 35th / 1049

Infineon settles patent infringement row with Atmel

Fri 14th June, 2013 9:01am
FRANKFURT, June 14 (Reuters) - German chipmaker Infineon IFXGn.DE  said it has settled a patent infringement claim against Atmel  ATML.O , ending a legal dispute that has been ongoing for more than two years. As part of the settlement, Atmel will pay Infineon an undisclosed sum, Infineon sad in a statement on Friday. Infineon initiated proceedings against Atmel in April 2011, filing a complaint against the company in the U.S. District Court for the District of Delaware. The patents in the suit and countersuit are related to microcontrollers. (Reporting by Maria Sheahan; Editing by Christoph Steitz) ((maria.sheahan@thomsonreuters.com)(+49 69 7565 1286)(Reuters Messaging: maria.sheahan.thomsonreuters.com@reuters.net)) Keywords: INFINEON ATMEL/
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