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Settlement with Moses Lake Industries, Inc.

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RNS Number : 2055A
Alent PLC
19 December 2014
 



 

19 December 2014

 

 

 

Alent plc reaches settlement with Moses Lake Industries, Inc. for copper damascene applications

 

 

 

Alent plc/Enthone announced today that it has settled its litigation with Moses Lake Industries, Inc. (MLI) regarding Enthone's patented copper damascene applications.  This resolves all pending legal disputes between the companies.

 

Under the terms of the settlement, MLI entered into a license agreement with Enthone for monetary consideration.  Under the license agreement, Enthone has granted MLI a non-exclusive worldwide license to key patents relating to advanced copper damascene processes. 

 

Rick Ertmann, Interim Chief Executive, Alent plc said, "I am pleased that we have achieved a satisfactory outcome to this litigation. This settlement clearly demonstrates our commitment to protecting Alent's intellectual property."

 

Enquiries:

 

Alent plc:                                                                    + 44 (0)1483 793291                                     

David Egan, Group Finance Director                        

Frances Gibbons, Investor Relations Manager                     

 

 

Pendomer Communications                                    + 44 (0)7703 330 269            

Charles Armitstead                            

 

 

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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