SOURCE: Maxim Integrated Products

October 30, 2008 16:00 ET

Maxim and Anpec Settle DirectDrive® Patent Litigation; Anpec Acquires License for Maxim's U.S. Family of DirectDrive Patents

SUNNYVALE, CA--(Marketwire - October 30, 2008) - Maxim Integrated Products (NASDAQ: MXIM) announced that a settlement has been reached in the patent infringement lawsuit that it filed against Taiwan-based Anpec Electronics Corporation on August 27, 2007. In its complaint, Maxim alleged that certain Anpec integrated-circuit products infringe on U.S. Patent No. 7,061,327 ("the '327 patent"), which is owned by Maxim and covers Maxim's DirectDrive technology.

Under the settlement agreement, Anpec has agreed to license the '327 patent as well as related United States patents owned by Maxim. The details of the settlement agreement are confidential.

"We are pleased to have reached an amicable settlement with Anpec. Maxim is proud of the inventions represented by its DirectDrive technology and will continue to defend its associated patents vigorously. Maxim's DirectDrive technology is an important component in the Company's focus on innovative electronics that interact with people, the physical world, its power sources, and other digital systems," said Ron Clark, Vice President of the Multimedia and Wireless Business Units at Maxim.

DirectDrive is a registered trademark of Maxim Integrated Products.

About DirectDrive Technology

Maxim's DirectDrive technology provides a breakthrough in the consumer electronics market by completely eliminating the need for large and often expensive DC-blocking capacitors at the output of headphone/headset amplifiers. With the continued importance of music capabilities in mobile devices, it is believed that there are over one billion headphone amplifiers sold per year.

About Maxim

Maxim Integrated Products is a publicly traded company that designs, manufactures, and sells over $2 billion of high-performance semiconductor products annually. It was founded over 25 years ago with the mission to deliver innovative, analog and mixed-signal engineering solutions that add value to its customers' products. To date, Maxim has developed over 5800 products serving the industrial, communications, consumer, and computing markets. For more information, go to www.maxim-ic.com.