Technology Industry
Industry: Email Alert RSS FeedCourt upholds TI's licensing agreement with Qualcomm.(News)
RCR Wireless News, June, 2005
The Delaware Supreme Court sided with Texas Instruments Inc. in a case against Qualcomm, upholding the company's cross-licensing agreement with Qualcomm Inc. "We are pleased that the Delaware Supreme Court has upheld the Court of Chancery's ruling in TI's favor on these issues,'' said Joseph Hubach, TI's senior vice president and general counsel.
"We believe that this was the correct outcome.'' Following the decision, a Qualcomm spokesman pointed out that the court did previously rule that TI violated the provisions of the companies' agreement. However, the court found that the violation was not "material,'' so the agreement stands. Qualcomm and TI entered into a cross-licensing agreement in 2000.
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