Seagate statement #
Posted Sunday 22nd February 2009 21:03 GMT
Here is a Seagate statement on the issue:-
"Seagate dismissed its patent infringement case against STEC and STEC dismissed its counterclaims against the company and Mr. Watkins. The economic conditions today are drastically altered from those that existed when we filed the litigation and the impact of STEC's sales of SSD's has turned out to be so small that the expenditures necessary to vindicate the patents could be better spent elsewhere."
The spokes person added that it's also worth noting that this settlement doesn't preclude Seagate from taking action in the future to defend its intellectual property.
Chris.


