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|25th September 2012, 07:25||#1|
Join Date: May 2010
Intellectual Ventures Resolves Patent Disputes with SK Hynix and Elpida
Intellectual Ventures (IV) announced today that it has reached settlement agreements with SK hynix Inc. and Elpida Memory, Inc. and resolved all pending patent infringement litigation with both companies.
"Intellectual Ventures has reached amicable settlements with both SK hynix and Elpida in the three patent infringement actions we filed against the companies over the past two years," said Melissa Finocchio, vice president and chief litigation counsel for Intellectual Ventures. "IV has built a world-class portfolio of semiconductor patents, and our preference is to sign license agreements and form productive, long-standing relationships with innovative companies rather than to litigate."
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