Marvell cleared of patent infringement

|About: Marvell Technology Group, Ltd. (MRVL)|By:, SA News Editor

A Texas jury clears Marvell (MRVL +0.1%) of infringing two patents owned by private Lake Cherokee Hard Drive Technologies that relate to hard drive read channel chips.

In Dec. '12, a Pittsburgh jury ordered Marvell to pay $1.17B in damages after finding it guilty of infringing a hard drive controller patent owned by Carnegie Mellon. Marvell is naturally appealing.

Yesterday, the chipmaker announced new chips for its Prestera DX network processor line (competes with Broadcom and others). The chips, which begin sampling next month, combine multi-core ARM CPUs with a built-in traffic manager. They're aimed at access/aggregation equipment within wireline and mobile networks.