Nanya Drops Elpida ITC Patent Suit In Light Of Micron Deal

Law360, New York (November 9, 2012, 4:51 PM EST) -- Nanya Technology Corp. on Friday asked the U.S. International Trade Commission to toss its investigation into insolvent Elpida Memory Inc. over four dynamic random access memory patents, in light of Micron Technology Inc.'s proposed acquisition of Elpida.

Because Micron has a license to the patents at issue, Nanya said it has good cause to terminate the case, which is still in the pre-hearing phase. A Japanese bankruptcy court has approved the acquisition plan, but Tokyo-based Elpida is still going at it with American creditors in a...
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