Monday, May 20, 2019

The ASML Case - Trade Secret Theft - Sometimes the Good Guy Wins

Following a jury verdict rendered months earlier, a California court entered a final judgment for $845 million in favor of semiconductor maker, ASML, in its suit against rival, XTAL, for stealing trade secrets related to ASML’s lithography technology.

This judgment followed a jury award last year, which had included the potential for punitive damages because the jury found XTAL’s conduct to be malicious. The final judgment, which also reimbursed AMSL for costs relating to its investigation of XTAL’s theft...

AMSL will receive most, if not all, of XTAL’s intellectual property under a settlement agreement... more

Congratulations, ASML! ~ Kevin