Everspin Technologies Inc. has been sued by Avalanche Technology Inc. for alleged patent infringement related to its spin-transfer torque magnetoresistive random access memory products. Avalanche's complaints, filed in the U.S. District Court for the District of Delaware and with the U.S. International Trade Commission, claim that Everspin's products infringe on four Avalanche patents. The ITC complaint seeks an investigation under Section 337 of the Tariff Act of 1930. Everspin states that its toggle magnetoresistive random access memory products and sensor devices are not implicated and intends to vigorously defend itself, asserting it has strong arguments against the claims.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Everspin Technologies Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001628280-26-004681), on February 02, 2026, and is solely responsible for the information contained therein.
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