19 September 2013

MACOM and GigOptix announce final settlement of all pending lawsuits between them

M/A-COM Technology Solutions Holdings Inc of Lowell, MA, USA, which makes semiconductors, components and subassemblies for RF, microwave and millimeter-wave applications, and GigOptix Inc of San Jose, CA, USA (a fabless supplier of analog semiconductor and optical components for optical fiber and wireless networks) have agreed to a global settlement of all pending lawsuits between them.

These include: (1) the state court case filed in Santa Clara County in April 2011 by GigOptix against MACOM subsidiary Optomai Inc, three former employees of GigOptix who founded Optomai (Vivek Rajgar hia, Vikas Manan and Stefano D’Agostino) and MACOM for alleged misappropriation of trade secrets and breach of contract; and (2) the federal court case filed in the Northern District of California this August by MACOM against GigOptix for alleged patent infringement.

The parties have agreed to file joint requests with the relevant courts to fully and finally dismiss both cases, with prejudice.

MACOM has agreed to make a one-time settlement payment of $7.25m to GigOptix concurrently with the filing of the dismissals, which are expected to take place next week.

Neither party admits liability to the other, and each side is satisfied with the confidential settlement reached between the parties, the firms say.

See related items:

GigOptix files answer and counterclaim against MACOM

GigOptix statement regarding Pacific Wave Industries patents

MACOM files patent infringement suit against GigOptix

Gigoptix lawsuit against M/A-COM scheduled for trial in August

GigOptix proceeds lawsuit to trial  

M/A-COM Tech to defend GigOptix lawsuit

GigOptix sues Optomai, former staff and M/A-COM

Tags: GigOptix MA-COM Optomai

Visit: www.gigoptix.com

Visit: www.macomtech.com