$43.1 Million Arbitration Award in Trade Secrets Case
By Press
From Business Week OnLine:
Wireless equipment maker LM Ericsson has been ordered to pay $43.1 million in damages to U.S. chip maker Atmel Corp. by an international arbitration tribunal, the companies said Tuesday. The tribunal found Ericsson and its subsidiary, Ericsson Mobile Platform, liable for breaches of contract and misappropriation of trade secrets relating to Atmel's proprietary AVR microcontroller technology, San Jose, California-based Atmel said
Wireless equipment maker LM Ericsson has been ordered to pay $43.1 million in damages to U.S. chip maker Atmel Corp. by an international arbitration tribunal, the companies said Tuesday. The tribunal found Ericsson and its subsidiary, Ericsson Mobile Platform, liable for breaches of contract and misappropriation of trade secrets relating to Atmel's proprietary AVR microcontroller technology, San Jose, California-based Atmel said
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