San Diego Business Journal

MaxLinear, Silicon Laboratories Settle Infringement Lawsuits

Tuesday, October 8, 2013

Carlsbad-based MaxLinear Inc. and Austin, Texas-based Silicon Laboratories Inc. announced recently that they had settled all litigation between the two companies.

The firms, which both make integrated circuits, had accused each other of patent infringement.

The San Diego and Texas companies agreed to grant each other a license to their respective patent portfolios. In addition, the companies said they are entering a three-year deal not to sue each other.

MaxLinear (NYSE: MXL) said in a federal securities filing that it will pay Silicon Labs (Nasdaq: SLAB) $1.25 million in connection with the settlement agreement.

MaxLinear makes integrated circuits for satellite TV boxes; its hybrid silicon tuners are used in Samsung TVs. MaxLinear reported $97.7 million in revenue in 2012.

— SDBJ Staff Report