Avago, STMicro Resolve Antitrust Suit Over Optics Patent

Law360, New York (October 28, 2011, 12:13 PM EDT) -- Avago Technologies US Inc. and STMicroelectronics Inc. on Thursday settled STMicro's suit accusing Avago of controlling a monopoly on the optical sensors used in computer mice by bullying competitors with baseless patent lawsuits.

A California federal judge signed off on a stipulation for dismissal of the antitrust suit reached through a mediation session earlier this week that also resolved related patent suits between Avago and STMicro in Texas.

Details from the settlements were not released. Avago spokesman Samer Bahou told Law360 on Friday that the settlement...
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