Cabot Corporation and Moyco Agree to End Patent Infringement Litigation

Cabot Corp. Microelectronics Materials Division (MMD) (Aurora, IL), a supplier of chemical mechanical planarization (CMP) slurries, and Moyco Technologies, Inc. (Montgomery, PA), a manufacturer of precision abrasives and professional dental supplies, have agreed to enter into a stipulation of dismissal without prejudice as to all claims and counterclaims filed in the United States District Court for the Northern District of California.

The litigation involved a dispute as to whether a Moyco CMP slurry infringed the claims of a Cabot patent. Because Moyco has exited the semiconductor CMP market, the case between the two parties was settled. Under the settlement agreement, neither party admits liability or waives its claims against the other. Cabot has indicated, however, it will continue to strongly enforce its patent position in the future. The remaining terms of the settlement are confidential.

Edited by Katherine Derbyshire