SAN JOSE, Calif. & SINGAPORE — (BUSINESS WIRE) — March 29, 2010 — Avago Technologies (Nasdaq: AVGO), a leading supplier of analog interface components for wired and wireless communications, industrial and consumer applications, announced today that on March 15, 2010 Avago filed a patent infringement lawsuit in the U.S. District Court for the Eastern District of Texas against STMicroelectronics. Avago alleges that certain STMicroelectronics products infringe four of Avago’s patents covering optical navigation technology and is seeks cash compensation and an order preventing further infringement of the technology.
Avago Technologies is a pioneer in the field of navigation sensors and has spent millions of dollars over many years developing the fundamental enabling technology behind optical mouse sensors as well as a number of novel improvements.
Avago’s General Counsel, Patricia H. McCall, stated, “Avago has devoted significant resources to inventing, developing and progressing the technology that enables the optical mouse. When necessary, we will defend our intellectual property against infringement.”
The case is Avago Technologies U.S. Inc. et al. v. STMicroelectronics Inc. et al., case number 10-cv-00092 in the U.S. District Court for the Eastern District of Texas. Avago is represented by Mayer Brown LLP and Potter Minton PC.
About Avago Technologies
Avago Technologies is a leading supplier of analog interface components for communications, industrial and consumer applications. By leveraging its core competencies in III-V compound and silicon semiconductor design and processing, the company provides an extensive range of analog, mixed signal and optoelectronics components and subsystems to approximately 40,000 end customers. Backed by strong customer service support, the company's products serve four diverse end markets: wireless communications, wired infrastructure, industrial and automotive electronics, and consumer and computing peripherals. Avago has a global employee presence and heritage of technical innovation dating back 40 years to its Hewlett-Packard roots. Information about Avago is available on the Web at www.avagotech.com
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Safe Harbor Statement
This announcement and supporting materials may contain forward-looking statements which address our expected future business and financial performance. These forward looking statements are based on current expectations, estimates, forecasts and projections of future Company or industry performance based on management’s judgment, beliefs, current trends and market conditions, and involve risks and uncertainties that may cause actual results to differ materially from those contained in the forward-looking statements. Accordingly, we caution you not to place undue reliance on these statements. Avago Technologies Registration Statement on Form S-1, as amended, filed with the SEC on January 27, 2010 and other filings with the U.S. Securities and Exchange Commission ("SEC") (which you may obtain for free at the SEC website at http://www.sec.gov) discuss some of the important risk factors that may affect our business, results of operations, and financial condition.
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Alain Dangerfield, 408-435-6385