Marvell Technology Group Ltd. and Carnegie Mellon University Announce Settlement
This settlement concludes the legal matter filed almost seven years ago. As previously disclosed, in December of 2012, CMU obtained a jury verdict against the Company in the U.S. District Court of W.D. Pennsylvania in the amount of approximately \\$1.54 billion (plus an ongoing royalty) based on patent infringement claims. This settlement will resolve all pending appeals.
Forward-Looking Statements under the Private Securities Litigation Reform Act of 1995
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