Pulse2 Technology and Social Media News » Altera Corporation

Intellectual Ventures Suing 9 Tech Firms Over Patents

Amit Chowdhry — Wed, 08 Dec 2010 21:36:48 +0000

Bellevue, Washington based business invention company Intellectual Ventures is suing 9 tech companies over patent infringement. This is the first time that Intellectual Ventures is suing for patent infringement.

Intellectual Ventures had filed three different lawsuits related to software security, DRAM, and Flash memory. The lawsuits were filed against Check Point Software Technologies, McAfee, Symantec, Elpida Memory, Trend Micro, Altera, Lattice Semiconductor, Microsemi, and Hynix Semiconductor.

“Over the years, Intellectual Ventures has successfully negotiated license agreements with some of the top technology companies in the world. However, some companies have chosen to ignore our requests for good faith negotiations and discussions,” stated Intellectual Ventures Chief Litigation Counsel Melissa Finocchio.

[TechFlash]

Former Altera CFO Timothy Morse Takes Same Position At Yahoo!

Amit Chowdhry — Thu, 11 Jun 2009 21:05:52 +0000

Timothy Morse became the CFO and SVP of Altera Corporation back in January 2007. Before that he was the CFO and General Manager of Business Development at GE Plastics. He had worked at General Electric for 15 years. Morse has just been hired to become the CFO of Yahoo! as the replacement of Blake Jorgensen.

Jorgensen left Yahoo! in February and was given a $1.8 million severance package. The time that Jorgensen left was interesting because he had worked through the unsolicited Microsoft bid and Carl Icahn’s proxy war to have the whole board at Yahoo! replaced.

Morse’s responsibilities will include managing the company’s finance and investor relations. He will also oversee M&A possibilities. Morse will be starting on July 1. Altera Corporation is a semiconductor company.