« Private' messages often open secrets | Main | Trade Secret Jury verdict : Verdict-PlaintiffPDG P.A. and Dental Specialists of Minnesota P.A. v. PDHC Ltd. and America Dental Partners Inc »

Trade secret jury verdict : Silicon Space Technology Corp. v. LSI Logic Corp.

District Court of Texas, 345th Judicial District, Travis County

Verdict-Plaintiff: the jury found that LSI Logic violated the Texas Theft of Trade Secrets Statutes and awarded Silicon Space $18 million.

Silicon Space asked for $17 million to $24 million, which allegedly represented the value of the trade secrets and the time-cost savings that LSI Logic received from having access to the technology.

In 2004, plaintiff Silicon Space Technologies Corp., which creates technologies to protect computer chips from radiation, entered into talks with software technology provider LSI Logic Corp., Milpitas, Calif., about a potential business partnership. However, the talks fell through, and no deal was signed.
Silicon Space then sued LSI Logic, claiming violations of Texas Theft of Trade Secrets Statutes.

Silicon Space argued that, 18 months after the negotiations fell through, the company discovered that LSI Logic used the information about the technology that it learned from Silicon Space on its own products.

About

This page contains a single entry from the blog posted on January 27, 2008 12:30 AM.

The previous post in this blog was Private' messages often open secrets.

The next post in this blog is Trade Secret Jury verdict : Verdict-PlaintiffPDG P.A. and Dental Specialists of Minnesota P.A. v. PDHC Ltd. and America Dental Partners Inc.

Many more can be found on the main index page or by looking through the archives.