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To: mishedlo who wrote (54765)9/22/2000 10:02:29 PM
From: mishedlo  Respond to of 93625
 
Micron Stole from LU and admitted it as well. LOL
quote.bloomberg.com

Wilmington, Delaware, Sept. 22 (Bloomberg) -- Lucent Technologies Inc., the world's biggest maker of telephone equipment, settled a lawsuit with smaller rival Micron Technology Inc. over seven Lucent patents for making computer chips.

Murray Hill, New Jersey based Lucent sued Boise, Idaho-based Micron in June 1999 in federal court in Delaware, claiming the Idaho company was wrongly using technology protected by patents awarded to Lucent between 1985 and 1997 without paying royalties. Micron, meanwhile, accused Lucent of infringing Micron patents.

After negotiations, Lucent and Micron agreed to settle the case out of court, and the lawsuit was dismissed earlier this month, Lucent spokeswoman Debra Lewis said.

``The terms are confidential, (but) there was an exchange of patent licenses as part of the settlement,'' according to Lewis.

Shares of Lucent, with more than 150,000 employees and $38.3 billion in 1999 sales, fell 19 cents to 31.81 on the New York Stock Exchange after falling to a 52-week low of 31.69 earlier today.

Micron, which has 15,700 employees and reported 1999 sales of $3.76 billion, fell 3.50 to 51.63 on the New York Stock Exchange. The shares rose to a 52-week high of 97.50 in July.