Here's to LLTC kicking TXN in the rear on this one...
biz.yahoo.com
Linear Technology Refutes Patent Suit
MILPITAS, Calif., Jan. 10 /PRNewswire/ -- Linear Technology was sued on seven (7) patents by Texas Instruments. According to Vice President and Chief Technical Officer, Robert Dobkin, ``This suit comes in complete surprise to Linear Technology.'' There was no prior discussion of these patents by TI.
Although the suit called out seven (7) patents, no Linear Technology products were named as infringing the patents in the suit. Normally, a patent suit calls out specific cases of infringement.
Linear Technology is the owner of a fundamental patent in voltage regulator technology. Currently, this patent is in suit against several companies including Unitrode. Unitrode was recently purchased by Texas Instruments and therefore Texas Instruments is engaged in this patent suit. Linear believes that the patent suit by Texas Instruments is an effort by Texas Instruments to pressure Linear Technology into licensing its voltage regulator patents.
Linear Technology has a policy of not infringing valid patents of other companies. At the same time Linear will vigorously defend against the TI litigation.
COMPANY BACKGROUND: Linear Technology Corporation produces a broad line of high-performance standard linear integrated circuits that support the communications, computing, industrial and automotive markets.
Communication applications include networking and Internet infrastructure, high-speed Digital Subscriber Line and cable modems, cellular telephones and base stations, wireless handheld devices and other emerging communications systems. Computing applications are primarily in notebook PCs, peripherals and portable digital equipment. Industrial applications span from medical and process control to test and measurement. Also provided are ICs for emerging automotive applications in navigation, on-board entertainment and communication systems.
Founded in 1981, the Company went public in May 1986 and has been consistently profitable. October 2, 2000 marked the end of the 28th consecutive quarter that pre-tax profits exceeded 40% of sales.
* For more information, contact:
* Doug Dickinson, Media Relations Manager, 408-432-1900, ext. 2233
* Linear Technology Corporation
* 1630 McCarthy Boulevard
* Milpitas, CA 95035-7417
Note: LT and LTC are registered trademarks of Linear Technology Corp.
SOURCE: Linear Technology |
