Quote from EETime about AVNT/CDN case
...
Both sides rushed to claim victory last week, with Avant! noting that
the preliminary injunction had been denied and Cadence focusing on
Whyte's (judge) finding that Cadence source code had apparently been
stolen.
Wall Street seemed to believe Avant!, boosting its stock $2; Cadence's
fell, by just under $1.
...
EDA analyst and attorney Ron Collett, president of Collett International (Santa Clara, Calif.), said Whyte's denial of Cadence's
motion for a preliminary injunction was to be expected. "The standard
for getting an injunction granted has to be irreparable harm, and
that's very difficult to prove," he said.
Collett added that while Whyte's statements may pose challenges for
Avant!, it's unclear whether they will hurt Avant!'s case. "When you
get in front of a jury," he noted, "anything can happen."
Analysts John Barr of Needham and Co. and Erach Desai of Soundview
Financial Corp. both predicted little short-term impact on Avant! from
the ruling. But longer term, both said, Avant! faces tough challenges.
"It's likely damages will be awarded up until the time that Avant!
sets up a viable clean room, but by the time the case is settled,
Avant! will probably have clean code," said Barr. "It's not a
take-out-your-business type of threat.
"But Avant! may have to pay some big money to Cadence." |
