Peregrine Semiconductor and RF Micro Devices have jointly announced that the companies have settled all their outstanding claims. While specific financial terms of the agreement remain confidential, the two companies have entered into patent cross licenses and have agreed to dismiss all related litigation.
Jim Cable, CEO, Peregrine Semiconductor, commented: “We are pleased that we have reached agreement with RF Micro Devices and resolved all of our outstanding litigation under terms that recognise Peregrine’s unique role in the invention and commercialisation of RF SOI technology. This agreement provides validation for the many ways in which Peregrine continues to expand the industry’s technological frontiers through both our inventions and commercial products. We look forward to continuing to solve our customers’ and partners’ toughest RF challenges.”
“We are very pleased to reach an agreement with Peregrine that recognises the value of their patents and their contribution to the development of RF SOI. The signing of this patent cross-license agreement allows RFMD to focus 100% on building the industry’s leading portfolio of RF solutions, making this agreement very positive for both our company and our customers,” added Bob Bruggeworth, President and CEO, RFMD.