A PYMNTS Company

US: Potential Emulex buyers timid over patent infringement charges

By  |  October 14, 2013

Struggling chip manufacturer Emulex Corp is reportedly looking for potential buyers to acquire the company, but according to sources, has not yet found a suitable offer. The reason, say those sources, may be because potential buyers are put-off by Emulex’s current legal woes.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    Larger rival Broadcom Corp. filed a lawsuit against Emulex for allegations of patent infringement, and buyers could be worried about legal liabilities if they acquire Emulex, say reports.

    Still, Emulex has held talks with private equity firms including Thoma Bravo and Francisco Partners about a potential purchase, according to several unnamed sources.

    Full Content: Reuters

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.