"electrical design automation"?
Its actually electronic design automation.
After a long and bloody struggle, Dutch chip-making kit vendor ASML surveys the battlefield: its enemies are dead, and all that's left are their assets. The company will be taking over the IP portfolio of its bankrupt Silicon Valley competitor XTAL after being awarded $845m in a final judgment by the Santa Clara County …
"XTAL's attempt to file for bankruptcy before the trial court could end. If the company succeeded, it could sell off its intellectual property – even if it featured chunks of ASML's code."
I can't imagine much success if the property was largely at risk of being invalidated by the ongoing court case.
Well, I don't know. It could be that the Chinese already have all the relevant know-how and do not need to spy on European or American competitors. Or, you know, they just might want to make use of the legal immunity, implicitly provided by the local government, and have a look at what their competitors are doing, of course only to strengthen the domestic market and nothing to do with the actual spying, which as we know is evil.
The company will be taking over the IP portfolio of its bankrupt Silicon Valley competitor XTAL
Why would ASML be interested in XTAL's IP if the latter supposedly stole it from the former to begin with?
Read a bit more about this issue and there was initially an accusation of state espionage.
The more I read about the founders of XTAL (the CEO apparently had 20 years of experience, had quite a few patents against his name and worked at ASML for quite a long time.
This whole affair seems more like someone who didn't feel appreciated at ASML founding his own company and taking his patents with him.
Sour grapes from ASML may have been part of the root cause of the suit and breaking out the chinese espionage bandwagon may have affected the judgement.
Haven't read into this further after the initial reporting, but it would be interesting to know if those patents held by the XTAL CEO are now part of the treasure trove that ASML received.
Last month, Dutch financial newspaper Het Financieele Dagblad reported XTAL was linked to silicon manufacturing operations in China, and the Chinese government.
This was later contradicted by the ASML CEO himself, which shows just how much 'investigative' those journalists from the Financiele Dagblad are.
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