Toshiba, Matsushita, JVC, NEC Settle Microchip Suit

Law360, New York (December 18, 2007, 12:00 AM EST) -- Matsushita Electrical Industrial Co., Toshiba Corp., JVC Americas Corp. and NEC Electronics America have settled an infringement suit filed by two patent-licensing companies over microprocessor technology.

Technology Properties Limited and Patriot Scientific Corp. on Tuesday announced the settlement between the companies in which Matsushita, Toshiba, JVC, their respective subsidiaries and their European and Japanese counterparts will receive rights to use seven U.S. patents. TPL and Patriot also announced a similar separate agreement with NEC.

Other details on the settlements were not disclosed.

“The parties have agreed...
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