Cypress Announces That Avago Technologies Has Dropped Patent Lawsuit Regarding Optical Navigation Technology | Cypress Semiconductor
Cypress Announces That Avago Technologies Has Dropped Patent Lawsuit Regarding Optical Navigation Technology
Validates Strength of Cypress’s Intellectual Property Portfolio
SAN JOSE, Calif., December 12, 2011 – Cypress Semiconductor Corp. (Nasdaq: CY) today announced that Avago Technologies, Inc. has dropped its lawsuit against Cypress. The lawsuit (case number 1:11-cv-00071-SLR), filed in U.S. District Court in Delaware, had claimed that Cypress’s OvationONS® products infringed on Avago optical navigation patents. OvationONS products enable finger navigation in handheld devices. Cypress paid no damages and admitted to no infringement in the case.
Cypress uses its own, patented OptiCheck™ technology, which the company has invested tens of millions of dollars to develop, in the OvationONS products. OptiCheck is a proprietary, speckle-based two-dimensional comb array technology.
“We’re pleased to put this matter to rest,” said T.J. Rodgers, President and CEO of Cypress. “This is a prime example of the strength of our IP portfolio, and a validation of our efforts to protect our fast-growing user-interface business. Our continuous innovation brings differentiated technologies that enable our customers to produce market-leading products.”
Cypress delivers high-performance, mixed-signal, programmable solutions that provide customers with rapid time-to-market and exceptional system value. Cypress offerings include the flagship PSoC® programmable system-on-chip families and derivatives such as CapSense® touch sensing and TrueTouch™ solutions for touchscreens. Cypress is the world leader in USB controllers, including the high-performance West Bridge® solution that enhances connectivity and performance in multimedia handsets. Cypress is also a leader in high-performance memories and programmable timing devices. Cypress serves numerous markets including consumer, mobile handsets, computation, data communications, automotive, industrial and military. Cypress trades on the NASDAQ Global Select Market under the ticker symbol CY. Visit Cypress online at www.cypress.com.
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Cypress, the Cypress logo, PSoC, CapSense and West Bridge are registered trademarks and TrueTouch and OvationONS are trademarks of Cypress Semiconductor Corp. All other trademarks are property of their owners.