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Quotes & Info
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| OPTI > SEC Filings for OPTI > Form 8-K on 4-Jan-2013 | All Recent SEC Filings |
4-Jan-2013
Other Events
On August 2, 2010, the Company announced that it had filed a patent infringement lawsuit on July 30, 2010, in the United States District Court for the Eastern District of Texas against VIA Technologies, Inc. ("VIA") for infringement of two U.S. patents. The two patents at issue in the lawsuit are U.S. Patent No. 5,710,906 and U.S. Patent No. 6,405,291; both entitled "Predictive Snooping of Cache Memory for Master-Initiated Accesses". The complaint alleges that VIA infringed the patents by making, selling, and offering for sale CPUs and core logic products based on and incorporating Predictive Snooping technology and inducing the infringement of the patents by others.
The Company is seeking damages or other monetary relief, including pre-judgment interest and the Company's attorney fees. The Company has requested a jury trial in this matter. A trial date has been set for April 29, 2013.
On December 21, 2012, the United States District Court for the Eastern District of Texas issued a ruling in the Company's case against VIA. The ruling arises from a special proceeding required under U.S. patent law called a "Markman" hearing, where both sides present their arguments to the court as to how they believe certain terms of the patent claims at issue in the lawsuit should be interpreted, and the court determines the meaning of those disputed terms. In the ruling, the Court adopted the Company's proposed construction with respect to all of the material issues concerning the terms at issue, rejecting VIA's construction on all material points.
There can be no assurance of the extent to which the outcome of the Markman hearing will lead to positive results in the VIA case. The ultimate outcome of the VIA case could have significant effects on the Company's distributions to its shareholders which cannot be predicted. The VIA case is the only legal action by the Company pending, and the Company does not anticipate initiating any other infringement claims in the future.
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