Applied Materials Ends Trade Secrets Suit With AMEC

Law360, New York (January 21, 2010, 2:24 PM EST) -- Applied Materials Inc. and Advanced Micro-Fabrication Equipment Inc., a rival semiconductor company founded by former Applied employees, have put the lid on long-standing litigation that accused AMEC's founders of disclosing trade secrets to obtain patents in the U.S. and China.

In a joint statement released Thursday, Applied and AMEC said they had settled all outstanding litigation between the companies.

As part of the settlement, AMEC paid Applied an undisclosed amount relating to patents that were allegedly obtained with Applied’s trade secrets. The companies said they intend...
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