Semtech Filed Bogus Suit To Sink Merger, Rival Claims

Law360, New York (April 30, 2012, 5:02 PM EDT) -- Semiconductor company Semtech Corp. used a sham lawsuit and other anti-competitive activity to scuttle a smaller rival's lucrative merger and drive their business away, according to a $150 million lawsuit filed Thursday in Michigan federal court.

Canadian semiconductor developer V Semiconductor Inc. claims Semtech was scared by the prospect of the rival's advanced new semiconductor design and decided to "shut down" the smaller company.

The complaint alleges that Semtech bought up Gennum Corp. — another semiconductor company where the V Semi's founder used to work —...
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