Intellectual Ventures has settled a patent lawsuit against chipmaker Altera Corp, leaving Xilinx Inc as the only remaining defendant in a case in which IV had claimed infringement by four semiconductor companies, according to court documents.Intellectual Ventures, which has purchased billions of dollars worth of patents, sued Altera for patent infringement in December 2010. Three other chipmakers were also defendants in the lawsuit, including Xilinx, which is also an IV investor.According to documents filed this week in federal court in Delaware, Altera and Intellectual Ventures agreed to dismiss all claims against each other. The terms of the deal, including any potential patent licenses, were not disclosed in the filings.IV had previously announced settlements with Lattice Semiconductor Corp and Microsemi Corp.
Altera Corporation is a global semiconductor company. Shares of ALTR fell by 0.84% or $-0.26/share to $30.83. In the past year, the shares have traded as low as $30.62 and as high as $39.18. On average, 3301630 shares of ALTR exchange hands on a given day and today's volume is recorded at 3489453.
Lattice Semiconductor Corporation (Lattice) designs, develops and markets programmable logic products and related software. Shares of LSCC fell by 0.18% or $-0.01/share to $5.41. In the past year, the shares have traded as low as $3.77 and as high as $5.77. On average, 1001460 shares of LSCC exchange hands on a given day and today's volume is recorded at 583045.
Microsemi Corporation (Microsemi) is a designer, manufacturer and marketer of analog and mixed-signal semiconductor solutions differentiated by power, security, reliability and performance. Shares of MSCC traded higher by 0.17% or $0.04/share to $23.07. In the past year, the shares have traded as low as $18.96 and as high as $26.72. On average, 529769 shares of MSCC exchange hands on a given day and today's volume is recorded at 474216.
Xilinx, Inc. (Xilinx) designs and develops programmable devices and associated technologies. Shares of XLNX fell by 0.21% or $-0.09/share to $43.32. In the past year, the shares have traded as low as $34.98 and as high as $48.12. On average, 2923430 shares of XLNX exchange hands on a given day and today's volume is recorded at 1680139.
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