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IDT Acquires Former Internet Machines Defendant, PLX

May 1, 2012

April 30, 2012 – Integrated Device Technology (IDT) announced the acquisition of PLX Technology, a provider of semiconductor connectivity solutions, for $330 million. PLX was previously a defendant in a patent suit that was resolved by RPX for clients in June 2011. In February 2012, a jury awarded plaintiff, Internet Machines a $1 million verdict (the bulk of which is to be paid by defendant, PLX Technology) after finding that defendants, Cyclone Microsystems, Extreme Engineering Solutions, GE Intelligent Platforms Embedded System, National Instruments, PLX Technology, and Vadatch willfully infringed two patents related to switching with transparent and non-transparent ports by selling PCIExpress switches.  According to the veridict, Cyclone Microsystems will pay $1,098.54, Extreme Engineering Solutions will pay $4,993.92, GE Intelligent Platforms Embedded System will pay $4,504.32, National Instruments will pay $7,441.92, PLX Technology will pay $980,340.20, and Vadatch will pay $20,150.10.  The patents originated with Internet Machines, a fabless semiconductor company, founded in 2000 to develop network processors and switch fabric ICs.  The company went out of business in 2004.


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