Intellectual Property
Jul. 7, 2012
Emulex to pay Broadcom $58 million in settlement
Emulex Corp. will pay Broadcom Corp. $58 million to license three of its patents on Ethernet technology in a partial settlement announced Thursday afternoon.
By Craig Anderson
Daily Journal Staff Writer
Costa Mesa-based Emulex Corp. will pay Broadcom Corp. $58 million to license three of its patents on Ethernet technology in a partial settlement announced Thursday afternoon. The remainder of the case, which was originally filed by Irvine-based Broadcom in 2009, is unresolved. Under terms of the agreement, announced after the market closed, Broadcom would dismiss some of its patent claims against Emulex, and be protected against s...
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