Seeking Alpha

An Astounding Lawsuit for Marvell

On December 27th, Marvell (MRVL) announced a $1.2 billion loss to Carnegie Mellon University in a patent lawsuit. Since October, I have paid for access to the court docket and have read every document available in the docket (some of the documents are available here free of charge). The $1.2 billion award seems astounding, but the patents in question go to the core of Marvell's multi-billion dollar HD controller business. The CMU patents relate to error-correcting codes for magnetic media, and are presumably what allows Marvell to achieve the high gigabyte-per-platter density frequently touted during their conference calls.

In winning the award, CMU successfully argued that not only were...

Only subscribers can access this article, which is part of the PRO research library covering 3,760 different stocks.
Growing numbers of fund managers and other investment professionals subscribe to Seeking Alpha PRO for equity research that is unavailable elsewhere, so they can: