Posted on Wednesday, February 25 2009 @ 17:48 CET by Thomas De Maesschalck
Forbes
writes Seagate has dropped a patent suit against SSD maker Stec, and that Stec has dropped its countersuit. Seagate filed the suit in April, claiming Stec's products violated four of its patents.
In a statement, Scotts Valley, Calif.-based Seagate said pursuing the case is no longer worth the cost because poor economic conditions have limited Stec's sales of the disputed technology.
But Stec, based in Santa Ana, Calif., called Seagate's patent claims "unsubstantiated," and said after the legal discovery process, in which companies exchange information, Seagate dropped its claims.
