News Article
AMAT and AMEC reach agreement in patent dispute
Parties settle out of court and agree to share their patents
Applied Materials and Advanced Micro-Fabrication Equipment have jointly announced that they have settled all litigation between the respective companies and that all outstanding disputes have been resolved. Among other things, there was a dispute over the ownership of certain patent families filed by AMEC. In the settlement the parties agreed that those patent families will be jointly owned. AMEC also made a payment to Applied Materials of an undisclosed amount, and in light of that, the parties agreed to collaborate on projects in the future.
