Tuesday, July 10, 2012

Court Refuses to Dismiss GSI Technology’s Antitrust Lawsuit against Cypress Semiconductor


GSI Technology, Inc. (Nasdaq:GSIT) announced today that on Friday, July 6, the United States District Court for the Northern District of California in San Jose issued a decision upholding the sufficiency of the antitrust claims asserted by GSI in its Complaint against Cypress Semiconductor Corporation. The Complaint, filed on July 22, 2011, charges Cypress with conducting an unlawful combination and conspiracy, by and through the QDR Consortium, to exclude GSI and other competitors from the market for high-performance static random access memory (SRAM) devices known as fast synchronous Quad Data Rate (or QDR) SRAMs and Double Data Rate (or DDR) SRAMs.

More Detail:
www.businesswire.com/news/home/20120710005447/en/Court-Refuses-Dismiss-GSI-Technology%E2%80%99s-Antitrust-Lawsuit

No comments:

Post a Comment