Posts Tagged: "NXP"

Massive Jury Verdict for VLSI Sets Stage for ‘Efficient Infringement’ Debate

On Tuesday, March 2, a jury verdict  entered into the Western District of Texas awarded $2.175 billion in damages to VLSI Technologies for patent infringement committed by multinational tech firm Intel. The verdict, which includes one of the largest damages amounts ever awarded for patent infringement in a U.S. district court, comes less than two years after VLSI began the lawsuit and arguably marks an important milestone in the effort to address corporate business models employing “efficient infringement” techniques to earn dominant market positions, not as innovators, but as tech implementers.

Broadcom Announces Bid Valued at $130 Billion to Buy American Semiconductor Giant Qualcomm

On Monday, November 6th, Singapore-based semiconductor designer Broadcom (NASDAQ:AVGO) announced that it had offered a proposal to acquire San Diego, CA-based semiconductor rival Qualcomm (NASDAQ:QCOM). The deal values Qualcomm at about $130 billion and Broadcom would pay $70 per share; stockholders would receive $60 in cash and $10 in Broadcom shares in the deal. That $70 per share price was higher than Qualcomm’s per share price on November 6th, when it popped above $65 per share early in the day before declining towards $62 by midday trading. According to Broadcom’s press release on the news, its proposal represents a 28 percent premium over the closing price of Qualcomm stock on Thursday, November 2nd.