Power-One, Silicon Labs Resolve Lawsuit

Camarillo-based Power-One, a developer of power semiconductors, has resolved a lawsuit filed by the firm against Silicon Labs, an Austin-based competitor. Power-One said that the companies have agreed to settle and resolve the patent infringement suit filed by Power-One, and will commence immediate joint development. Power-One will also offer licenses to customers of Silicon Laboratories, but will not provide any IP licenses to the firm.