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Cypress Semiconductor (CY +5.7%) rallies after announcing it has "reached an agreement" with...

Cypress Semiconductor (CY +5.7%) rallies after announcing it has "reached an agreement" with Alcatel-Lucent that will put an end to the latter's involvement in lawsuit Cypress has filed against GSI Technology (GSIT) over its alleged infringement of Cypress' SRAM chip patents. Last Friday, Cypress announced it was dropping a trade secret lawsuit against Maxim Integrated (MXIM).
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