Altera Down 10% on Losing Patent Suit to Rival Xilinx
Specialty chipmaker
Altera
(ALTR) - Get Altair Engineering Inc. Report
was down 9.5% in preopen
Island
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trading on word late Friday that the company lost a patent infringement suit brought by rival
Xilinx
(XLNX) - Get Xilinx Inc. Report
.
The verdict concerned Altera's FLEX 8000 Programmable Logic Device family of chips. Altera said it would appeal. Xilinx was down 2.8%.
