Key Developments: NVE Corp (NVEC.PH)

NVEC.PH on Philadelphia Stock Exchange

51.13USD
15 May 2013
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$-1.57 (-2.98%)
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Latest Key Developments (Source: Significant Developments)

Everspin Technologies Files Patent Infringement Suit Against NVE Corporation
Monday, 30 Apr 2012 09:00am EDT 

Everspin Technologies, Inc., announced that it has filed a complaint against NVE Corporation in the United States District Court, District of Minnesota for direct, contributory and inducing infringement of two United States patents related to GMR-based isolators, sensors, encoders and memory. Everspin Technologies seeks an award in the form of monetary damages, a permanent injunction and treble damages.  Full Article

NVE Corporation Files Patent Infringement Suit Against Everspin Technologies
Tuesday, 3 Jan 2012 04:05pm EST 

NVE Corporation announced that it has filed a patent infringement lawsuit against Everspin Technologies, Inc. in the United States District Court for the District of Minnesota. The lawsuit alleges infringement of three NVE patents related to magnetoresistive random access memory, commonly known as MRAM. The lawsuit seeks an injunction for Everspin to cease using NVE's patented technology and provide compensation for damages caused by the infringement.  Full Article

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