Patriot Scientific Corporation (PTSC.OB) has announced that Verigy Ltd, a separate entity, has purchased Patriot Scientific’s Moore Microprocessor Patent Portfolio license. Verigy is a premier automated test equipment company that currently has over two decades of semiconductor testing experience.
Jim Turley, president and CEO of Patriot Scientific, stated, “Verigy occupies an important position in the overall semiconductor industry. As chips get more complex, it becomes harder to verify they work properly, and Verigy’s 1500+ employees make sure that our industry runs smoothly.”
Mike Davis, senior vice president, added, “This agreement is in the best interests of Verigy, its shareholders and customers because it removes the possibility of supply-chain disruptions. A strong wave of interest from companies selling microprocessor-based products has propelled the MMP Portfolio licensing program to the next level, as over 45% of license signings have followed the favorable Markman ruling issued earlier this summer.”
Since January 2006 over 30 global companies from the US, Europe, Japan, Korea and Taiwan have purchased MMP Portfolio licenses.
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