MANHASSET, N.Y. Semiconductor equipment supplier Applied Materials Inc. announced Monday (Feb. 28) that it has settled its patent lawsuit against Semiconductor Products Manufacturing, Inc. (SPM).
As part of the settlement, SPM (Georgetown, Tx.) agreed to pay Applied Materials (Santa Clara, Calif.) an upfront fee and ongoing royalties for a license to use Applied Materials' U.S. Patent No. 6,251,215 related to retaining rings for chemical mechanical polishing.
Prior to the settlement, the Court had ruled that SPM infringed Applied's patent by selling certain new and refurbished retaining rings.
"We are very pleased with the resolution of this lawsuit," said Joseph J. Sweeney, group vice president, Legal Affairs and Intellectual Property for Applied Materials, in a statement. "We believe the settlement demonstrates the value of Applied's intellectual property and shows Applied's commitment to protecting its innovative products and solutions."