NVE Corporation (NVEC) Files Patent Infringement Suit with Everspin Technologies Related to MRAM
Tweet
Share
E-mailGet Alerts NVEC Hot Sheet
Join SI Premium – FREE
NVE Corporation (Nasdaq: NVEC) announced today it has filed a patent infringement lawsuit against Everspin Technologies, Inc. in the United States District Court for the District of Minnesota. The lawsuit alleges infringement of three NVE patents related to magnetoresistive random access memory, commonly known as MRAM.
The lawsuit seeks an injunction for Everspin to cease using NVE's patented technology and provide compensation for damages caused by the infringement.
"We have invested significant resources in research and development over the years, and we are defending our rights to protect these investments," said NVE President and Chief Executive Officer Daniel A. Baker, Ph.D.
The lawsuit seeks an injunction for Everspin to cease using NVE's patented technology and provide compensation for damages caused by the infringement.
"We have invested significant resources in research and development over the years, and we are defending our rights to protect these investments," said NVE President and Chief Executive Officer Daniel A. Baker, Ph.D.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Quantum Cyber rejects short-seller's offer to halt reports if lawsuit dropped
- Sk Hynix To Pay 60% Of Employee Bonuses In Company Stock, Says Source - Reuters
- Boeing names Ryan Shedd as new SVP and controller
Create E-mail Alert Related Categories
LitigationSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
