AMD and Analog Devices Resolve Patent Infringement Lawsuits
AMD (NASDAQ: AMD) and Analog Devices (NASDAQ: ADI) have successfully resolved their ongoing patent litigations through mutually agreed terms. This resolution paves the way for both companies to collaborate on technology initiatives aimed at delivering next-generation solutions to their communications and data center clients. The partnership is expected to enhance their product offerings and improve competitiveness in the market.
- Resolution of ongoing patent litigations with Analog Devices enhances operational focus.
- Commitment to technology collaborations may lead to innovative solutions for clients.
- None.
SANTA CLARA, Calif., Nov. 17, 2022 (GLOBE NEWSWIRE) -- AMD (NASDAQ: AMD) and Analog Devices, Inc. (NASDAQ: ADI) today announced that they have resolved all their ongoing patent litigations, based on mutually agreed upon terms. As part of this resolution, the two companies have committed to pursue technology collaborations to bring next generation solutions to their communications and data center customers.
About AMD
For more than 50 years AMD has driven innovation in high-performance computing, graphics and visualization technologies. Billions of people, leading Fortune 500 businesses and cutting-edge scientific research institutions around the world rely on AMD technology daily to improve how they live, work and play. AMD employees are focused on building leadership high-performance and adaptive products that push the boundaries of what is possible. For more information about how AMD is enabling today and inspiring tomorrow, visit the AMD (NASDAQ: AMD) website, blog, LinkedIn and Twitter pages.
About Analog Devices
Analog Devices, Inc. (NASDAQ: ADI) operates at the center of the modern digital economy, converting real-world phenomena into actionable insight with its comprehensive suite of analog and mixed signal, power management, radio frequency (RF), and digital and sensor technologies. ADI serves 125,000 customers worldwide with more than 75,000 products in the industrial, communications, automotive, and consumer markets. ADI is headquartered in Wilmington, MA. Visit https://www.analog.com.
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Contact:
Brandi Martina
AMD Communications
(512) 705-1720
brandi.martina@amd.com
Suresh Bhaskaran
AMD Investor Relations
(408) 749-2845
Suresh.Bhaskaran@amd.com
Ferda Millan
ADI Communications
(408) 373-1854
Ferda.Millan@analog.com
Michael Lucarelli
ADI Investor Relations
(339) 645-3222
Michael.Lucarelli@analog.com
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