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Trade secret jury verdict : Silicon Space Technology Corp. v. LSI Logic Corp.

District Court of Texas, 345th Judicial District, Travis County Verdict-Plaintiff: the jury found that LSI Logic violated the Texas Theft of Trade Secrets Statutes and awarded Silicon Space $18 million. Silicon Space asked for $17 million to $24 million, which allegedly represented the value of the trade secrets and the time-cost savings that LSI Logic received from having access to the technology. In 2004, plaintiff Silicon Space Technologies Corp., which creates technologies to protect computer chips from radiation, entered into talks with software technology provider LSI Logic Corp., Milpitas, Calif., about a potential business partnership. However, the talks fell through, and no deal was signed. Silicon Space then sued LSI Logic, claiming violations of Texas Theft of Trade Secrets Statutes. Silicon Space argued that, 18 months after the negotiations fell through, the company discovered that LSI Logic used the information about the technology that it learned from Silicon Space on its own products.

Full post as published by The Trade Secrets Vault on January 27, 2008 (boomark / email).