Patent Court Preliminary Opinion Rules in Favor of Broadcom

SAN JOSE, Calif. and SINGAPORE, Oct. 10, 2017 (GLOBE NEWSWIRE) -- Broadcom Limited (NASDAQ: AVGO), announced today that the German Federal Patent Court (“GFPC”) issued a preliminary opinion that all claims of an Invensas Corporation patent asserted against Broadcom in Germany should be null and void.

In May 2016, Invensas Corporation, an affiliate of Xperi Corporation (formerly Tessera Holding Corporation), filed two infringement actions concerning the German part of European Patent number 1 186 034 B1 (“’034 Patent”) against Broadcom and certain of its distributors before the Regional Court of Mannheim, Germany. In November 2016, Broadcom filed a nullity action against the ‘034 patent in the GFPC. In March 2017, the Regional Court of Mannheim ruled that Broadcom had infringed the ‘034 Patent and ordered an injunction preventing the commercialization of certain Broadcom products in Germany. On October 5, 2017, the GFPC issued its preliminary opinion in the nullity action that all claims of the ‘034 Patent asserted against Broadcom should be null and void based on prior art submitted by Broadcom. An oral hearing will be held by the GFPC on January 25, 2018, and a final decision will be issued at that hearing or shortly thereafter.

“From the start of this litigation, Broadcom maintained that the ‘034 Patent is invalid and therefore filed a nullity action before the GFPC challenging its validity,” said Mark Terrano, vice president and general manager, Intellectual Property and Licensing at Broadcom. “We are very pleased with the GFPC’s preliminary opinion, and are confident the GFPC will find the ‘034 Patent invalid in January.”

Enforcement of the injunction is suspended until after the GFPC’s final ruling in January and will continue to be suspended if the GFPC ultimately finds the patent invalid.

About Broadcom Limited Broadcom Limited (NASDAQ: AVGO) is a leading designer, developer and global supplier of a broad range of analog and digital semiconductor connectivity solutions. Broadcom Limited’s extensive product portfolio serves four primary end markets: wired infrastructure, wireless communications, enterprise storage and industrial & other. Applications for our products in these end markets include: data center networking, home connectivity, broadband access, telecommunications equipment, smartphones and base stations, data center servers and storage, factory automation, power generation and alternative energy systems, and displays. For more information, go to www.broadcom.com.

Broadcom, the pulse logo, Connecting everything, are among the trademarks of Broadcom. The term "Broadcom" refers to Broadcom Limited and/or its subsidiaries.

Broadcom Limited Ashish SaranInvestor RelationsTelephone: 1-408-433-8000[email protected]

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