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Intersil Announces Verdict Reached in Sensor Technology Trial

2015-03-07 16:27:21| Semiconductors - Topix.net

Intersil Corporation , a leading provider of innovative power management and precision analog solutions, announced that a jury reached a verdict today on litigation initiated in 2008 by Texas Advanced Optoelectronic Solutions, Inc. (" In response to claims of trade secret misappropriation, breach of contract, tortious interference with a business relationship and patent infringement, the jury awarded in exemplary damages. Although the company appreciates the jury's service, it believes the verdict and magnitude of the award to be erroneous.

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