SAN JOSE, Calif. Following the arrest and imprisonment of its founder and president last month, Aptix Corp. confirmed Wednesday (April 28) that it has filed for bankruptcy.
Aptix officials were not immediately available for comment but the company confirmed to EE Times that it has filed for bankruptcy protection.
Aptix Corp. has offered FPGA-based IC prototyping systems since it was founded by former Aptix CEO Amr Mohsen and his brother Aly Mohsen in 1989.
Amr Mohsen was arrested and imprisoned by FBI agents after allegedly trying to flee the country days before he and his brother were scheduled to appear in court to answer to several charges related to a federal indictment.
In March, 2003, Mohsen and his brother were indicted on 19 counts, including conspiracy to commit perjury, perjury, subornation of perjury, mail fraud and obstruction of justice. The maximum statutory penalty for each count is five years in prison.
The charges stem from a 2000 civil case in which Mentor Graphics and Aptix sued Quickturn Design Systems as part of an ongoing patent infringement battle over logic emulation.
In that case, Mentor licensed a patent from Aptix and used it to sue Quickturn. A judge dismissed the case after ruling that Aptix's patent documentation was fraudulent. Court documents from the 2000 case revealed that Mohsen falsified engineering diaries and staged a break-in of his own car allegedly to conceal evidence.