M/A-COM Tech gets favorable court ruling

This decision marks the second time that the Court has denied such a motion by GigOptix, this time following extensive forensic and documentary discovery by the parties and presentation of related arguments and expert testimony to the Court in a hearing on GigOptix's motion held on September 13, 2012. GigOptix originally filed suit in April 2011, concurrently with M/A-COM Tech's announcement of its acquisition of Optomai. In July 2011, GigOptix sought a temporary restraining order and thereafter an injunction, both of which were denied by the Court. "We are very pleased that the Court ruled on the motion decisively and in our favor," said Chuck Bland, Chief Executive Officer of M/A-COM Tech. "The Optomai team continues to deliver market leading products for the benefit of our customers, and our Optoelectronics product line continues to enjoy our full support." GigOptix however remains confident that it has strong evidence supporting its claim for misappropriation of trade secrets. GigOptix will put the evidence regarding the conduct and actions of the defendants before a jury and judge in “an adjudication of the merits” at trial. The Court has not yet set a trial date.