MACOM Announces Final Order of Preliminary Injunction Against Infineon
December 15 2016 - 4:05PM
Business Wire
MACOM Technology Solutions Holdings, Inc. (NASDAQ: MTSI)
(MACOM), a leading supplier of high-performance analog RF,
microwave, millimeterwave and photonic semiconductor products,
today announced that the United States District Court for the
Central District of California in Los Angeles has entered a
preliminary injunction order that, among other things, bars
Infineon Technologies Americas Corp. (“Infineon”) from designing,
developing, making, marketing, or selling Gallium Nitride on
Silicon (GaN-on-Si) RF products that use intellectual property
rights previously owned by Nitronex and now exclusively licensed to
MACOM in certain fields, including basestations.
The order further requires Infineon to provide notice of the
injunction to all its relevant affiliates, subsidiaries, employees,
and customers.
“Our U.S. court system demands an extremely high standard of
proof before it will consider issuing a preliminary injunction,”
commented John Croteau, President and Chief Executive Officer of
MACOM. “By upholding MACOM’s exclusive IP rights and forcing
Infineon to inform customers, employees and subsidiaries that it is
no longer able to design, develop or market GaN-on-Si RF products
that practice the Nitronex IP in MACOM’s exclusive field, we
believe that the court is sending a very clear message. As we have
stated in the past, we are fully committed to vigorously litigating
this case to its rightful conclusion and stand firmly against any
company resorting to strong-arm tactics to usurp the rights of
pioneers and innovators who move the industry and society forward
with breakthrough technologies like GaN-on-Si in basestations.”
About MACOM:MACOM enables a better-connected and safer
world by delivering breakthrough semiconductor technologies for
optical, wireless and satellite networks that satisfy society’s
insatiable demand for information.
Today, MACOM powers the infrastructure that millions of lives
and livelihoods depend on every minute to communicate, transact
business, travel, stay informed and be entertained. Our technology
increases the speed and coverage of the mobile Internet and enables
fiber optic networks to carry previously unimaginable volumes of
traffic to businesses, homes and datacenters.
Keeping us all safe, MACOM technology enables next-generation
radars for air traffic control and weather forecasting, as well as
mission success on the modern networked battlefield.
MACOM is the partner of choice to the world’s leading
communications infrastructure, aerospace and defense companies,
helping solve their most complex challenges in areas including
network capacity, signal coverage, energy efficiency and field
reliability, through its best-in-class team and broad portfolio of
analog RF, microwave, millimeterwave and photonic semiconductor
products.
MACOM is a pillar of the semiconductor industry, thriving for
more than 60 years of daring to change the world for the better,
through bold technological strokes that deliver true competitive
advantage to customers and superior value to investors.
Headquartered in Lowell, Massachusetts, MACOM is certified to
the ISO9001 international quality standard and ISO14001
environmental management standard. MACOM has design centers and
sales offices throughout North America, Europe, Asia and
Australia.
MACOM, M/A-COM, M/A-COM Technology Solutions, M/A-COM Tech,
Partners in RF & Microwave, and related logos are trademarks of
MACOM. All other trademarks are the property of their respective
owners. For more information about MACOM, please
visit www.macom.com follow @MACOMtweets on
Twitter, join MACOM on LinkedIn, or visit the
MACOM YouTube Channel.
Special Note Regarding Forward-Looking StatementsThis
press release contains forward-looking statements based on MACOM
management's beliefs and assumptions and on information currently
available to our management. Forward-looking statements include,
among others, statements concerning the impact of the court’s
ruling, the future outcome of the litigation and MACOM’s future
provision of GaN-on-Si to the market or any potential impact
thereof.
Forward-looking statements contained in this press release
reflect MACOM's current views about future events and are subject
to risks, uncertainties, assumptions and changes in circumstances
that may cause those events or our actual activities or results to
differ materially from those expressed in any forward-looking
statement. Although MACOM believes that the expectations reflected
in the forward-looking statements are reasonable, it cannot and
does not guarantee future events, results, outcomes, actions,
levels of activity, performance or achievements. Readers are
cautioned not to place undue reliance on these forward-looking
statements. A number of important factors could cause actual
results to differ materially from those indicated by the
forward-looking statements, including those factors described in
"Risk Factors" in MACOM's filings with the Securities and Exchange
Commission (SEC), including its Annual Report on Form 10-K for the
fiscal year ended September 30, 2016 as filed with the SEC on
November 17, 2016. MACOM undertakes no obligation to publicly
update or revise any forward-looking statement, whether as a result
of new information, future events or otherwise.
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MACOM Technology Solutions Holdings, Inc.Bob McMullan,
978-656-2753Chief Financial Officerbob.mcmullan@macom.com
MACOM Technology Solutions (NASDAQ:MTSI)
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