Ice on the Cake - adding 8 cents/share *****************************************
Atmel Collects $37.8M from SST Related to Patent Infringement Lawsuit
Tuesday December 16, 9:05 am ET
SAN JOSE, Calif.--(BUSINESS WIRE)--Dec. 16, 2003--Atmel Corporation (Nasdaq:ATML - News), a worldwide leader in the development, fabrication and sale of advanced semiconductors, today announced that it has collected over $37.8 million from Silicon Storage Technologies, Inc. (SST), constituting the $36.5 million jury award, plus pre- and post-judgment interest, granted in relation to the May 7, 2002, judgment by the District Court for the Northern District of California. The judgment held that SST willfully infringed two of Atmel's charge pump patents, and was upheld by the Court of Appeals for the Federal Circuit on September 12, 2003. |