SAN JOSE, Calif., April 28, 2016 – Innovium, Inc. today announced that it has settled all outstanding litigation with Broadcom Limited. As part of the settlement agreement, the companies agreed to dismiss all litigation between the parties. Other terms of the settlement were not disclosed.
“We are pleased to put this legal dispute behind us and focus on developing innovative, ground-breaking products for the infrastructure market,” said Rajiv Khemani, CEO & Founder of Innovium.
Innovium is a venture-funded, pre-launch startup developing innovative hardware and software solutions for the infrastructure market. Innovium team members have track records of delivering market-leading products that have collectively generated billions of dollars in revenues and valuation. Innovium is headquartered in Silicon Valley, Calif. For more information, please visit: www.innovium.com.