Intellectual Ventures or IV and Lattice Semiconductor Corp. (LSCC) announced that Lattice will become a licensee to segments of IV's patent portfolio of nearly 40,000 IP assets. As a result of the licensing arrangement, IV and Lattice have reached a settlement agreement and resolved all pending patent infringement litigation.
Lattice was one of four companies ultimately named as a defendant in IV's patent infringement action originally filed in December 2010 in the U.S. District Court for the District of Delaware. This suit involved manufacturers of field-programmable gate arrays, and due to the settlement agreement, IV will file a motion to dismiss all pending litigation against Lattice.
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