Subject: Judge issues injunction on Mentor Graphics (NASDAQ:MENT) Date: Mon, 4 Aug 1997 20:34:08 -0700 (PDT) From: staff@quote.com Reply-To: support@quote.com To: quotecom-users@quote.com
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News Alert from Reuters via Quote.com Topic: Mentor Graphics Corp Quote.com News Item #3623364 Headline: Judge issues injunction on Mentor Graphics (NASDAQ:MENT)
====================================================================== WILSONVILLE, Ore., Aug. 4 (Reuter) - Mentor Graphics Monday said a U.S. District Court judge granted Quickturn Design Systems Inc's (NASDAQ:QKTN) motion for a temporary injunction against Mentor Graphics' U.S. SimExpress activities. In a statement, the company said the U.S. District Court in Orgeon ruling temporarily prohibits Mentor Graphics from manufacturing, assembling, marketing or distributing its SimExpress product in the United States. The company said the scope of the temporary ruling is still undetermined. Earlier, Mentor said a separate ruling made on August 1 by an Administrative Law Judge to the International Trade Commission (ITC) would prevent Mentor Graphics from importing SimExpress, its accelerated verification solution, from its manufacturing facility in Saclay, France. Both requests stem from requests made by Quickturn to end U.S.-based SimExpress competition. The ITC initial determination is not a final ruling, but rather is a recommendation to the full ITC. A final decision in the ITC case regarding importation of SimExpress into the United States is not expected until late 1997. Neither ruling has any bearing on the company's non-U.S. accelerated verification research and development, marketing and sales activities.
Copyright 1997, Reuters News Service |