Synopsys, Inc. (NASDAQ: SNPS) today announced that the United States District Court for the Northern District of California has ordered Magma Design Automation to immediately withdraw its claim of ownership to the '446 and '438 patents and to transfer title to Synopsys. These patents are at the heart of the ongoing litigation between Synopsys and Magma.
"This ruling confirms what we've been saying all along. Magma has no ownership interest in any of the fixed timing inventions at the core of our claims in this case," said Brian Cabrera, Synopsys general counsel. "We look forward to proceeding with the balance of the case after the court issues its ruling in the ownership phase."
The ruling, which addresses Synopsys' December motion for preliminary injunction against Magma, ensures that Synopsys' ownership of the patents is officially reflected and protected during the current proceedings before the Patent and Trademark Office.
Synopsys, Inc. is a world leader in EDA software for semiconductor design. The company delivers technology-leading semiconductor design and verification platforms and IC manufacturing software products to the global electronics market, enabling the development and production of complex systems-on-chips (SoCs). Synopsys also provides intellectual property and design services to simplify the design process and accelerate time-to-market for its customers. Synopsys is headquartered in Mountain View, California and has offices in more than 60 locations throughout North America, Europe, Japan and Asia. Visit Synopsys online at http:/www.synopsys.com.
NOTE: Synopsys is a registered trademark of Synopsys, Inc. All other trademarks mentioned in this release are the intellectual property of their respective owners.
Editorial Contact: Investor Contact:
Sheryl Gulizia Lisa Ewbank
Synopsys, Inc. Synopsys, Inc.
SOURCE: Synopsys, Inc.
CONTACT: Sheryl Gulizia, +1-650-584-8635, or email@example.com, or
investors, Lisa Ewbank, +1-650-584-1901, both of Synopsys, Inc.
Web site: http://www.synopsys.com/