OPTi Inc: Key Developments
OPTi Inc. and VIA Technologies, Inc. Reach Settlement Agreement in Patent Infringement Action October 2, 2009 |
| OPTi Inc. announced that it has entered into a Settlement and License Agreement with VIA Technologies, Inc. The agreement dismisses the lawsuit that the Company filed against VIA in the Eastern District of Texas. On July 3, 2007, the Company filed a complaint against VIA in the United Stated District Court for the Eastern District of Texas, for infringement of two U.S. patents. The patents at issue in the lawsuit are U.S. patent No. 5,944,807 and U.S. patent No. 6,098,141, both entitled Compact ISA-Bus Interface. The complaint alleged that VIA infringes the patents by making, selling, and offering for sale products based on and incorporating the Low Pin Count Interface Specification and inducing and contributing to the infringement of the patents by others. In exchange for the Company agreeing to dismiss its lawsuit against VIA with prejudice, VIA has agreed to make two payments, totaling $650,000, to OPTi. Winston & Strawn lawyers Michael L. Brody, Taras A. Gracey and Ethan McComb and McKool Smith lawyers Sam Baxter, Kristi Thomas and Jason Cassady represent OPTi. OPTi has settled with seven of the eight defendants in the lawsuit. Its case against Advanced Micro Devices on the Compact ISA-Bus Interface patents remains, with jury selection to occur in August 2010. |
OPTi Inc. Receives Trial Schedule In Patent Infringement Lawsuit Against Advanced Micro Devices, Inc. September 1, 2009 |
| OPTi Inc. announced that it has received a trial schedule from the United States District Court for the Eastern District of Texas against Advanced Micro Devices, Inc. for infringement of a U.S. patent. Jury selection for the trial will begin the first week of February 2010 with the trial to begin later that month. The suit was filed against Advanced Micro Devices in November 2006 for infringement of a U.S. patent. The patent at issue in the lawsuit is U.S. Patent No. 6,405,291 entitled 'Predictive Snooping of Cache Memory for Master-Initiated Accesses'. The complaint alleges that Advanced Micro infringes the patent by making, selling, and offering for sale CPUs and core logic products based on and incorporating Predictive Snooping technology and inducing and contributing to the infringement of the patents by others. The OPTi in its case against Advanced Micro Devices is seeking an injunction and damages or other monetary relief, including pre-judgment interest and awarding OPTi's attorney fees. The lawsuit against Advanced Micro Devices is a continuing part of OPTi's strategy for pursuing its patent infringement claims relating to its Predictive Snooping technology. |
OPTi Inc. And Standard Microsystems Corporation Reach Settlement Agreement In Patent Infringement Action July 29, 2009 |
| OPTi Inc. announced that it has entered into a Dismissal and License Option Agreement with Standard Microsystems Corporation (SMSC). The agreement suspends the lawsuit that the Company filed against SMSC in the Eastern District of Texas. On July 2, 2007, the Company had filed a complaint against SMSC in the United Stated District Court for the Eastern District of Texas, for infringement of two U.S. patents. The patents at issue in the lawsuit are U.S. patent No. 5,944,807 and U.S. patent No. 6,098,141, both entitled 'Compact ISA-Bus Interface'. The complaint alleged that SMSC infringes the patents by making, selling, and offering for sale products based on and incorporating the Low Pin Count Interface Specification and inducing and contributing to the infringement of the patents by others. In exchange for the Company agreeing to dismiss its lawsuit against SMSC without prejudice and to refrain from re-filing the lawsuit for a specified period of time, SMSC has agreed to make a payment of $1,900,000 to OPTi. The Company has also granted SMSC an option to purchase a license from OPTi for an additional license fee of $100,000. |
OPTi Inc. Announces $19 Million Verdict In Patent Infringement Lawsuit Against Apple Inc. April 23, 2009 |
| OPTi Inc. announced that a jury from the United States District Court for the Eastern District of Texas ruled in OPTi's favor in the patent infringement trial between OPTi Inc. and Apple Inc., relating to OPTi's U.S. patent No. 6,405,291. In the matter of damages, the jury awarded OPTi $19 million for Apple's infringement of OPTi's patent. |
OPTi Inc. Receives Rulings on Summary Judgment Motions in Patent Infringement Action Against Apple Inc. April 4, 2009 |
| OPTi Inc. announced that the United States District Court for the Eastern District of Texas issued rulings in the ongoing patent infringement action between OPTi Inc and Apple Inc. The rulings arise from motions filed by both parties and argued before the court on April 2, 2009. The rulings as issued on April 3, 2009 are: the court granted OPTi's summary judgment motion that Apple's accused products infringe the patent at suit and denied Apple's cross-motion for summary judgment that its products do not infringe the patents-in-suit; the court denied Apple's motion seeking summary judgment that OPTi was entitled to no pre-suit damages for certain products. The Court ruled that whether OPTi had given Apple proper notification of infringement on those products is a question for the jury to decide; the court granted in part and denied in part Apple's motion seeking to exclude the opinions of OPTi's damages expert. The court ruled that the facts in the case do not support application of the entire market value rule, and that OPTi's expert would be allowed to present to the jury the balance of the opinions that were the subject of Apple's motion. The trial of OPTi's claims against Apple is scheduled to begin on April 17, 2009. |
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