Avago drops Cypress lawsuit

Cypress Semiconductor Corp. announced that Avago Technologies, Inc. has dropped its lawsuit against Cypress. The lawsuit (case number 1:11-cv-00071-SLR), filed in U.S. District Court in Delaware, had claimed that Cypress’s OvationONS products infringed on Avago optical navigation patents. Cypress paid no damages and admitted to no infringement in the case. “We’re pleased to put this matter to rest,” said T.J. Rodgers, President and CEO of Cypress. “This is a prime example of the strength of our IP portfolio, and a validation of our efforts to protect our fast-growing user-interface business. Our continuous innovation brings differentiated technologies that enable our customers to produce market-leading products.”