Everspin sued by Avalanche for patent infringement on STT-MRAM products; ITC complaint filed

EVERSPIN TECHNOLOGIES INC.

Avalanche Technology filed lawsuit in Delaware and ITC complaint against Everspin alleging infringement of four patents covering STT-MRAM products.
Lawsuit and ITC complaint target Everspin's Spin-transfer Torque MRAM products; Toggle MRAM and Sensor devices not implicated.
Patents asserted: U.S. Patent Nos. 9,318,179, 9,419,210, 11,678,586, and 10,490,737.
Everspin believes it has meritorious defenses and intends to vigorously defend.

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