Printed from http://www.electronista.com

Seagate drops Stec patent suit due to economy

updated 05:15 pm EST, Thu February 26, 2009

Seagate drops Stec suit

Hard drive and flash-based memory maker Seagate announced on Thursday that is has dropped its patent suit against competitor Stec and that Stec has likewise dropped its countersuit, Forbes reports. Seagate said in a statement that pursuing the matter is no longer cost-efficient and the recent poor economic conditions have slowed Stec's sales of the technology that was being disputed in the lawsuit.

Stec maintains Seagate's claims were unsubstantiated. Reportedly, Seagate dropped its claims after the initial legal discovery process, during which companies are required to produce information necessary to the other's case. It is at this point that the memory maker learned of Stec's weak sales of the offending products.

In the lawsuit that was filed in April, Seagate claimed Stec's solid-state drives violate four of the company's patents.



By Electronista Staff
Post tools:

TAGS :

toggle

Comments

Login Here

Not a member of the MacNN forums? Register now for free.

toggle

Network Headlines

toggle

Most Popular

Sponsor

Recent Reviews

Epson PowerLite Home Cinema 3500 projector

Trying to find the perfect projector for a home theater can be tricky, as there are bountiful options on the market from a large numbe ...

Thecus N2310 NAS

For every computer user, there comes a point of critical mass in data storage. When it hits, external hard drives, USB sticks and DVD ...

iRig Pads

When it comes to mobile music products, IK Multimedia has positioned itself as one of the top suppliers. Right from the early days of ...

Sponsor

toggle

Most Commented

 
toggle

Popular News