Agere Systems (AGR): Settlement.... http://yahoo.reuters.c...

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Wednesday, 10/06/2004 4:45:36 AM

Wednesday, October 06, 2004 4:45:36 AM

Settlement....

http://yahoo.reuters.com/financeQuoteCompanyNewsArticle.jhtml?duid=mtfh26546_2004-10-05_21-36-04_wen...

Broadcom, Agere settle patent suit
Tue Oct 5, 2004 05:36 PM ET

NEW YORK, Oct 5 (Reuters) - Broadcom Corp. (BRCM.O: Quote, Profile, Research) said on Tuesday it settled all litigation with Agere Systems Inc. (AGRa.N: Quote, Profile, Research) over patents related to high speed communications, wireless, disk drive and other technologies.
In 2003 and 2004, Broadcom and Agere filed several complaints and counterclaims against one another. Under the settlement, all litigation is dismissed and cross licensing deals were reached under respective patent portfolios.

Broadcom, based in Irvine, California, said it will record an aggregate $27.5 million in settlement costs during the most recent quarter. Other terms of the settlement were not disclosed.

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