Silicon Laboratories (SLAB) learned of MaxLinear's (MXL) announcement of a declaratory judgment against the company to obtain a ruling that MaxLinear products, such as the MxL301 and MxL601 tuner ICs, do not infringe nineteen patents owned by Silicon Labs. Silicon Labs has not yet received the official complaint, and will determine its response upon review. The company pointed out it has an extensive patent portfolio in RF-related technologies of more than 200 patents, a heritage of first-of-a-kind innovations in iDTV and other markets, and a track record of vigorously defending its patents against infringement.
Stocks are trading in slightly negative territory ahead of the most highly anticipated Federal Reserve meeting …