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Intellectual Property

Feb. 19, 2016

Marvell settles patent suit for $750 million

Santa Clara-based Marvell Technology Group Ltd. will pay $750 million to settle an epic patent fight spanning nearly seven years with Carnegie Mellon University, the semiconductor company announced Wednesday.

By Kevin Lee
Daily Journal Staff Writer

Marvell Technology Group Ltd. will pay $750 million to settle an epic patent fight spanning nearly seven years with Carnegie Mellon University, the semiconductor company announced Wednesday.

The litigants "have agreed to mutually acceptable release, license and covenant not to sue provisions," Marvell said in a filing to federal regulators. Marvell will make no ongoing royalty payments to the univ...

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