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Sep16
Toshiba takes over Micron patents, solves Lexar dispute.



In an agreement that ends the patent infringement accusation towards Toshiba made by Lexar, Toshiba will purchase and take
Micron_Technology_Inc44.jpg over the patents said which includes Micron's NAND memory patents. Toshiba was also accused of using Lexar's trade secrets and a violation of trustee duty claims. The agreed agenda will settle every litigation between Toshiba and Lexar, and will dismiss the case currently in the California District Court. In a statement made by the CEO of Toshiba Semiconductor Co., the company is pleased to come to a truce and they will look forward to partnering with Micron to create a brighter and more rapid future for the development of NAND flash memory.





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