Monday, May 30, 2011
Skyworks Dodges Patent Spat With Linear Technology
Woburn-based Skyworks acquired Advanced Analogic this week for the eye-popping amount of $262 million. But what wasn't as well known was the fact that Advanced Analogic had been sued in the International Trade Commission for importing voltage regulator chips that Linear Technology claimed infringed its "sleep mode" patent. This wasn't Linear's first trip to the ITC against Advanced Analogic, as Linear had already obtained an exclusion order against the company, which it had claimed Advanced Analogic was violating.
However, a month before Skyworks' acquisition, Advanced Analogic settled its patent differences with Linear, thus clearing the way for the Skyworks' acquisition. Although, with a spate of "investigations" by law firms looking to bring a securities lawsuit attacking the merger, this transaction may not be out of the woods yet.