Memory subsystems maker Netlist Inc. (NLST) Tuesday said the patent infringement suit filed against it on Monday by privately held semiconductor company Inphi Corporation was "without merit" and will fall in court.
Westlake Village, California- based Inphi has filed for patent infringement against Netlist, alleging that some of the latter's memory module products, including the recent HyperCloud product line, infringe two of its patents.
Responding to the claims, Irvine, California-based Netlist said that the accusations did not carry merit. "We will continue to vigorously assert our intellectual property against Inphi and any others that make unlawful use of our IP", it added.
Netlist also reasoned that the lawsuit "appears to be in response" to earlier patent infringement action that it filed against Inphi earlier.
Back in September, Netlist commenced a federal litigation in a U.S. court seeking unspecified monetary damages and a ban on Inphi's products that allegedly violated one of its patents.
Inphi had called the issue a "nuisance-lawsuit" then, vowing to "vigorously" defend itself.
NLST closed regular trading on Monday at $5.76, down 49 cents or 7.84% on a volume of 3.53 million shares on the Nasdaq. In pre-market trading, the shares lost 12.50% or 72 cents, and traded at $5.04.
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