SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : LSI Corporation

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Hightechhooper who wrote (13907)7/27/1998 12:30:00 PM
From: Moonray  Read Replies (1) of 25814
 
Trade Secrets Case Against Two Former LSI Logic Employees Settled

MILPITAS, Calif., July 27 /PRNewswire/ -- A trade secret misappropriation
lawsuit against Maker Communications and its two founders -- former
employees of LSI Logic -- has been settled, LSI Logic Corporation
(NYSE: LSI) announced today.

Under one of the terms of the settlement, Maker Communications will
pay royalties to LSI Logic for networking products that were the
subject of the lawsuit.

In February 1997, LSI Logic filed a suit in the Santa Clara County
Superior Court entitled LSI Logic Corporation v. Maker Communications
Equipment Corporation, a Delaware corporation; Maker Communications,
Inc., a Delaware corporation; Paul V. Bergantino, an individual;
William N. Giudice, an individual; and Does 2-50, inclusive. LSI
Logic sought injunctive relief and damages in the legal action.

"Our preference is to compete in the marketplace as opposed to the
courtroom and we are pleased that this case ended with a settlement,"
said John P. Daane, LSI Logic executive vice president of Communications,
Computer and ASIC Products.

LSI Logic's ATMizer(R) is a programmable Asynchronous Transfer Mode
(ATM) network controller that performs segmentation and reassembly
(SAR) of the ATM layer functions and incorporates a 32-bit CPU.

LSI Logic Corporation, The System on a Chip Company(R), is a leading
supplier of custom high-performance semiconductors with operations
worldwide. The company enables customers to build complete systems on
a single chip with its CoreWare(R) design program, thereby increasing
performance, lowering system costs and accelerating time to market.
LSI Logic develops application-optimized products in partnership with
trendsetting customers, and operates leading-edge, high-volume
manufacturing facilities to produce submicron chips. The company
maintains a high level of quality as demonstrated by its ISO 9000
certifications.

LSI Logic is headquartered at 1551 McCarthy Blvd., Milpitas, California
95035, 408-433-8000, www.lsilogic.com.

/CONTACT: Kevin Brett of LSI Logic, 408-433-7150/

o~~~ O
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext