<font color=red>Broadcom Asks to Bar Intel Sales of Networking Chips (Update2) 9/26/0 16:12 (New York)
Broadcom Asks to Bar Intel Sales of Networking Chips (Update2)
(Updates with closing share prices.)
San Jose, California, Sept. 26 (Bloomberg) -- Broadcom Corp. asked a judge to stop Intel Corp., the world's largest computer- chipmaker, from selling chips and products that allegedly use trade secrets stolen from Broadcom. The chips serve as interfaces between a computer and a network and are used in cards that plug into personal computers. Broadcom, the top maker of some networking chips as well as semiconductors for cable modems, said in the filing it has evidence in testimony and e-mail, all under seal, of Intel's alleged wrongdoing. It's the latest salvo in a suit Intel filed in March to stop three defectors from passing on trade secrets. In a May ruling, a judge ruled Intel can't prevent Broadcom from using the workers to develop certain products, in a decision both sides claimed as a victory. Broadcom filed a counter suit in June and is now asking for a preliminary injunction. Intel spokesman Chuck Mulloy declined to comment specifically on the latest motion. ``We believe that our evidence will be both credible and convince the court that our behavior was both lawful and within the bounds of normal business behavior,'' he said. The motion was filed late yesterday in California Superior Court in San Jose, California, Broadcom said. ``Broadcom is seeking an order that prevents Intel from being able to market or ship certain recently released products which Broadcom maintains are the fruit of their having misappropriated our trade-secret information,'' said Rico Rosales, Broadcom's outside counsel. A hearing is scheduled Nov. 7 before Judge Gregory H. Ward, the filing said. The case is separate from a lawsuit filed by Santa Clara, California-based Intel last month in Delaware. In that suit, Intel accuses Irvine, California-based Broadcom of infringing patents on cable and networking chips. Broadcom denied those allegations and said the suit doesn't identify any Broadcom product that allegedly infringes the patents. Broadcom shares rose 4.75 to 257 and have climbed 89 percent this year. Intel fell 1.89 to 43.48. The shares plunged a record 22 percent Friday after Intel warned third-quarter sales will lag forecasts. |