SynQor and Lineage Power Settle IBA Patent Litigation
Boxborough, MA - SynQor announced today that it has entered into a definitive
Settlement Agreement with Lineage Power Corp. to resolve SynQor's IBA patent
litigation against Lineage (SynQor, Inc. v. Artesyn Technologies, Inc., et al., Civil Action
No. 2:07-CV-497, U.S. District Court Eastern District of Texas). Terms of the settlement
In this suit SynQor asserted 5 patents against 11 of the largest industry suppliers of
unregulated and semi-regulated bus converters, including Lineage Power Corp. In a
unanimous verdict, a federal jury found that each of the 11 defendants infringed one or
more of SynQor's patents and upheld the validity of all such patents and awarded
SynQor collective damages in excess of $95 million. The Court later awarded SynQor
more than $19M in additional compensation, bringing the total to more than $114M.
In January 2011, the Court issued a Permanent Injunction against each of the
defendants in the suit, including Lineage Power, enjoining them from manufacturing and
selling infringing products.
In October 2011, SynQor filed a second complaint against Lineage Power and the other
defendants in Civil Action No. 2:11-CV-444, U.S. District Court Eastern District of Texas,
directed at additional infringing sales after the Permanent Injunction was entered. Also
that month, Lineage Power and the other defendants filed notices of appeal. Pursuant to
the terms of the Settlement Agreement, Lineage Power has agreed to dismiss its appeal.
Lineage Power has also agreed to comply with the Permanent Injunction, which
precludes it from selling unregulated and semi-regulated bus converters to customers in
the United States and from inducing its customers to sell products into the United States
that contain Lineage's unregulated and semi-regulated bus converters.
Dr. Martin F. Schlecht, President and CEO of SynQor commented: "We are pleased to
reach this agreement with Lineage relating to our IBA patents. We look forward to
continuing to work with our customers to implement the important IBA power architecture
in their telecommunications, network, storage, military, industrial and other applications."
Inquiries concerning the foregoing should be directed
to Arthur R. Hofmann, Jr., SynQor's Executive Vice President and General
<< Back to Press Release Page