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News Breaks December 27, 2012 08:41 EDT MRVL Marvell says will seek to overturn negative patent verdict On December 26, a jury in Pittsburgh delivered a verdict in a lawsuit brought by Carnegie Mellon University against Marvell Technology Group and Marvell Semiconductor, Marvell’s U.S. operating subsidiary, in the United States District Court for the Western District of Pennsylvania. In the lawsuit, CMU asserted that Marvell infringed two CMU patents claiming a specific technique related to read channel detector technology that is not practiced by any Marvell chips. Marvell and MSI said in an 8-K filing that they believe there should be no disruption to their business or customers as a result of the verdict. Marvell and MSI believe that the evidence and the law do not support the jury’s findings of infringement, validity and the award of damages. There are strong grounds for appeal and Marvell and MSI will seek to overturn the verdict in post-trial motions before the District Court and, if necessary, to appeal to the U.S. Court of Appeals for the Federal Circuit in Washington, D.C. Marvell and MSI intend to vigorously challenge the judgment through all appropriate post trial motions and appeal processes. In addition, the district court in Pittsburgh has yet to rule on certain of Marvell’s defenses and motions, including laches and Marvell’s renewed request for a mistrial. News For MRVL From The Last 14 Days Check below for free stories on MRVL the last two weeks. Sign up for a free trial to see the rest of the stories you've been missing. May 23, 2013 16:08 EDT MRVL Marvell sees Q2 EPS 17c-21c, consensus 18c Sees Q2 revenue $770M-$810M, consensus $763.5M. Sees Q2 GAAP Gross Margin in range of 52.2% +/- 100 bps and non-GAAP Gross Margin in range of 52.5% +/- 100 bps. 16:07 EDT MRVL Marvell reports Q1 EPS 19c, consensus 14c Subscribe for More Information 15:24 EDT MRVL Notable companies reporting after market close Subscribe for More Information May 17, 2013 07:08 EDT MRVL Marvell Technology volatility elevated into Q1 and revenue outlook Subscribe for More Information May 16, 2013 09:04 EDT MRVL Cisco results positive for semiconductors space, says Brean Capital Subscribe for More Information Sign up for a free trial to see the rest of the stories you've been missing.