Semtech reaches settlement in HiLight case

Release time：2018-08-08
author：Ameya360
source：newelectronics
reading：3288

Semtech has reached a settlement in the lawsuit filed against HiLight Semiconductor and related individual Defendants.

Semtech reaches settlement in HiLight case


In 2016 Semtech’s subsidiaries, EMEA and Gennum UK, begun legal proceedings in the English High Court against HiLight and various former Semtech employees subsequently employed by HiLight.

Among various claims, Semtech alleged that Mr. Steele and the other individual Defendants had (i) breached various non-competition and/or non-solicitation obligations and induced other individuals to do the same, and (ii) taken intellectual property and other proprietary information from Semtech in breach of confidence and used that confidential information to design competing transimpedence amplifier (TIA) products for HiLight.

Semtech is to be paid approximately $9million to cover damages for claims, costs and attorneys’ fees, of which Semtech already has received approximately $6.7 million.

Mohan Maheswaran, Semtech’s President and CEO, commented: “We are pleased with the outcome of this lawsuit and are resolute in our belief that our innovation, intellectual property and trade secrets need to be vigorously protected across all regions of the world, and we will seek to defend the company against any unfair practices that we believe hurts our shareholder value.”

（"Note: The information presented in this article is gathered from the internet and is provided as a reference for educational purposes. It does not signify the endorsement or standpoint of our website. If you find any content that violates copyright or intellectual property rights, please inform us for prompt removal."）

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