Cypress Announces that Arrow Electronics and Nu Horizons have been Released From ITC Complaint Regarding SRAM Patent Infringement by GSI Technology | Cypress Semiconductor
Cypress Announces that Arrow Electronics and Nu Horizons have been Released From ITC Complaint Regarding SRAM Patent Infringement by GSI Technology
SAN JOSE, Calif., September 20, 2011 – Cypress Semiconductor Corp. (NASDAQ: CY) today announced that Arrow Electronics, Inc. and Nu Horizons Electronics Corp. executed an agreement that will remove Arrow and Nu Horizons from Cypress’s complaint to the United States International Trade Commission (ITC) regarding alleged infringement of Cypress’s SRAM patents by GSI Technology, Inc. Cypress’s complaint seeks an exclusion order from the ITC that will prevent the importation of all infringing GSI SRAMs.
The ITC action against GSI lists known importers of products that incorporate the accused GSI SRAMs. Cypress has reached an agreement with Arrow and Nu Horizons which resulted in the removal of both companies from the ITC action.
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 PowerPSoC® solutions for high-voltage and LED lighting applications, 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 https://www.cypress.com.
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