Adeia initiates patent infringement litigation against AMD

Adeia (ADEA) filed patent infringement lawsuits against Advanced Micro Devices in the U.S. District Court for the Western District of Texas. “Earlier today, Adeia took legal action against AMD (AMD) to protect our intellectual property rights and the investments we have made in our foundational semiconductor technologies,” said Paul Davis, CEO. “For years, AMD’s products have incorporated and made extensive use of Adeia’s patented semiconductor innovations, which have greatly contributed to their success as a market leader. After prolonged efforts to reach a mutually agreeable resolution without litigation, we believe this step was necessary to defend our intellectual property from AMD’s continued unauthorized use.” In its filings, Adeia alleges AMD infringes ten patents from Adeia’s semiconductor intellectual property portfolio – seven patents covering hybrid bonding technology and three patents covering advanced process node technology. “We are confident that pursuing this litigation is the right course of action to protect Adeia’s inventions, as well as the interests of our shareholders and customers,” said Davis. “While we continue to be open to reaching a fair and reasonable arrangement that reflects the value of our intellectual property, we remain fully prepared to pursue resolution of this matter through the courts to safeguard our rights and firmly believe in our ability to achieve a successful outcome.”