Virginia Court Issues Injunction Protecting Infineon Technologies from Assertions of Patent Infringement
As the Court noted in August, the fraud committed by Rambus affected an entire segment of the semiconductor industry, said Dr. Ulrich Schumacher, President and CEO of Infineon Technologies AG. This is a very important decision both for Infineon and for the entire DRAM industry, and we are very pleased with the courts action.
In actions taken during and as a result of the litigation, Judge Payne dismissed all of Rambus patent infringement claims related to both Infineons SDRAM and DDR SDRAM products. Judge Payne also ordered Rambus to pay Infineon more than $7 million in attorneys fees and expenses incurred by Infineon as a result of the suits heard by the Court. The Court based the payment order on its finding that the patent infringement claims of Rambus were baseless, unjustified and frivolous, the seriousness of the fraud, and Rambus conduct during the litigation.
Infineon Technologies AG, Munich, Germany, offers semiconductor and system solutions for applications in the wired and wireless communications markets, for security systems and smartcards, for the automotive and industrial sectors, as well as memory products. With a global presence, Infineon operates in the US from San Jose, CA, in the Asia-Pacific region from Singapore and in Japan from Tokyo. In the fiscal year 2001 (ending September), the company achieved sales of Euro 5.67 billion with about 33,800 employees worldwide. Infineon is listed on the DAX index of the Frankfurt Stock Exchange and on the New York Stock Exchange (ticker symbol: IFX). Further information is available at www.infineon.com