Civil Litigation,
Intellectual Property
May 7, 2019
Judge finalizes software firm’s $845 million trade secrets theft verdict
A Santa Clara County judge has finalized an $845 million ruling in favor of a semiconductor chip processor company ASML, who sued XTAL Inc. in 2016 for theft of trade secrets.
In a finalized ruling of a trade secrets theft case between two Silicon Valley companies, defendant XTAL Inc. must pay $845 million to plaintiff company ASML US Inc., and will have most of its assets owned by ASML.
In May 2016, Dutch-based semiconductor chip processing software company ASML sued XTAL in Santa Clara County Superior Court for inducing ASML workers to share confidential information and improperly acquiring ASML's trade...
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