Court Enjoins Broadcom
"QUALCOMM is pleased with the injunction against Broadcom prohibiting any use of our confidential information, as well as the prohibition against future attempts to obtain such information," said William Sailer, senior vice president and legal counsel for QUALCOMM. "While we welcome fair competition in the marketplace, we will defend our business against those who attempt to misappropriate the benefits of our extensive and continuous investment in research and innovation. This preliminary injunction is an important first step toward protecting QUALCOMM from Broadcom's misappropriation and misuse of QUALCOMM's intellectual property."
As explained in QUALCOMM's motion seeking the injunction, QUALCOMM recently discovered that Broadcom, during the period leading up to its introduction of WCDMA baseband products, had engaged in a successful multi- year effort to improperly acquire thousands of pages of QUALCOMM confidential business and technical information, including valuable source code, relating to QUALCOMM's WCDMA product development. The preliminary injunction bars any use of the confidential technical and business information in the misappropriated QUALCOMM documents, including by the exploitation of such information in the marketing, sales or development of Broadcom's current or future products. It is a court order, the violation of which could result in a finding of contempt.
Qualcomm Inc. (Nasdaq: QCOM)