To: Jon Koplik who wrote (33766 ) 6/30/1999 11:29:00 PM From: rel4490 Read Replies (1) | Respond to of 152472
Note reference to CDMA at end: IRVINE, Calif.--(BUSINESS WIRE)--June 22, 1999--Broadcom Corporation (Nasdaq: BRCM), a leading provider of integrated circuits enabling broadband communications to and throughout the home and business, today announced that it has settled all outstanding litigation with Stanford Telecommunications, Inc. (STel). STel had brought an action against Broadcom in the United States District Court for the Northern District of California alleging that certain Broadcom products infringe a digital modulator patent held by STel. Broadcom counterclaimed in that action and brought a separate action against STel in California Superior Court for misappropriation of Broadcom trade secrets. In settlement, the parties agreed to dismiss all claims and counterclaims in both actions. Under the terms of the settlement agreement, STel granted to Broadcom a worldwide, non-exclusive, royalty-free license to STel's rights in patents and patent applications, and all inventions conceived, through the date of the agreement, relating to any transmitter or receiver technology, or design or invention capable of use over a coaxial cable transmission medium. STel also agreed not to bring any future action against Broadcom, its suppliers or customers for patent infringement or trade secret misappropriation resulting from commercial use of any of Broadcom's existing technology, designs or products. Broadcom also obtained the option to acquire licenses on commercially reasonable terms to STel's patent claims based upon Code Division Multiple Access (CDMA) inventions capable of use over a coaxial cable transmission medium. Those claims were excluded from the current license.