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Thursday, July 5, 2012

Broadcom and Emulex Reach Partial Settlement and Worldwide Patent Agreement

Press release:


Broadcom and Emulex Reach Partial Settlement and Worldwide Patent Agreement

Emulex Agrees to Pay Broadcom a Release and License Fee

IRVINE, Calif.July 5, 2012 /PRNewswire/ -- Broadcom Corporation (NASDAQ:BRCM) and Emulex Corporation(NYSE:ELX) today announced that the companies have entered into a partial settlement and worldwide patent license agreement relating to the patent litigation in the U.S. Federal District Court in Santa Ana, California.  The agreement will result in the dismissal of certain of Broadcom's infringement claims against Emulex.  Emulex also receives a license to Broadcom U.S. Patents Nos. 7,471,691; 7,058,150; 6,424,194 and related families for certain fields of use including Fibre Channel applications.  The fields of use licensed to Emulex are related, in part, to the Emulex XE201 (Lancer) ASICs, that are capable of Fibre Channel and Ethernet, 16Gbps Fiber Channel HBAs, Fibre Channel SOCs and other FC products.  Emulexwill pay to Broadcom a release and license fee of $58 million in cash.
Additional terms of the agreement include, among other elements:
  • Emulex agreed to provide certain rights to Broadcom protecting Broadcom from Emulex patent assertions; and
  • The Emulex products are licensed to Emulex for the permitted fields of use, and are licensed to be purchased byEmulex's customers worldwide, and are licensed to be made for Emulex by Emulex's suppliers.
The remainder of the existing litigation between the parties regarding certain of Broadcom's U.S. Patents was not dismissed.  Other terms of the agreement are confidential.
About Broadcom
Broadcom Corporation (NASDAQ: BRCM), a FORTUNE 500® company, is a global leader and innovator in semiconductor solutions for wired and wireless communications. Broadcom® products seamlessly deliver voice, video, data and multimedia connectivity in the home, office and mobile environments. With the industry's broadest portfolio of state-of-the-art system-on-a-chip and embedded software solutions, Broadcom is changing the world by Connecting everything®. For more information, go to www.broadcom.com.
About Emulex
Emulex, the leader in converged networking solutions, provides enterprise-class connectivity for servers, networks and storage devices within the data center. The company's product portfolio of Fibre Channel host bus adapters, 10Gb Ethernet network interface cards, Ethernet-based converged network adapters, controllers, embedded bridges and switches, and connectivity management software are proven, tested and trusted by the world's largest and most demanding IT environments. Emulex solutions are used and offered by the industry's leading server and storage OEMs, including Cisco, Dell, EMC, Fujitsu, Hitachi, Hitachi Data Systems, HP, Huawei, IBM, NEC, NetApp and Oracle. Emulex is headquartered inCosta Mesa, Calif., and has offices and research facilities in North AmericaAsia and Europe. More information aboutEmulex (NYSE:ELX) is available at www.Emulex.com.

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