{"id":383107,"date":"2020-11-17T09:33:17","date_gmt":"2020-11-17T14:33:17","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=383107"},"modified":"2020-11-17T09:33:17","modified_gmt":"2020-11-17T14:33:17","slug":"avx-and-presidio-components-settle-all-outstanding-litigation","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/avx-and-presidio-components-settle-all-outstanding-litigation\/","title":{"rendered":"AVX and Presidio Components Settle All Outstanding Litigation"},"content":{"rendered":"<div class=\"mw_release\">\n<p>FOUNTAIN INN, SC and SAN DIEGO, CA, Nov.  17, 2020  (GLOBE NEWSWIRE) &#8212; AVX Corporation, a Kyocera group company, and Presidio Components, Inc. today announced they have settled all outstanding claims between the companies. The two parties have entered into appropriate licenses and agreements and have agreed to dismiss all related litigation. Specific l terms of the agreement remain confidential.<\/p>\n<p>\u201cWe are pleased to have reached agreement with Presidio Components and resolved all of our outstanding litigation under terms that allow us to freely work with our customers and allows AVX to focus on building the industry\u2019s leading portfolio of advanced electronic components,\u201d said Johnny Sarvis, CEO of AVX Corporation. \u201cWe look forward to continuing to provide value added electronic solutions to solve our customers\u2019 toughest electronic challenges including ultrabroadband capacitors.\u201d<\/p>\n<p>AVX is a leading manufacturer &amp; supplier of advanced electronic components and interconnect, sensor, controls and antenna solutions.<\/p>\n<p>Alan Devoe, president and CEO of Presidio Components, said, \u201cWe are very pleased to reach an agreement with AVX Corporation that recognizes the value of our patents and our contribution to the development of ceramic capacitors. The signing of this agreement allows Presidio to focus 100% on building the leading portfolio of ceramic capacitors, making this agreement very positive for our customers.\u201d<\/p>\n<p>Presidio Components is a manufacture of ceramic capacitors.<\/p>\n<p id=\"gnw_attachments_section-header\">\n        <strong>Attachment<\/strong>\n      <\/p>\n<ul id=\"gnw_attachments_section-items\">\n<li>\n          <a target=\"_blank\" href=\"https:\/\/ml.globenewswire.com\/Resource\/Download\/719c50a9-a8bd-499c-85b7-1e1a6007752a\" rel=\"noopener noreferrer\">AVX-Presidio-PRImage<\/a>\n        <\/li>\n<\/ul>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODA4NzI5NyMzODMwNzA4IzIwMTE3Mzk=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/ad2ed852-d116-473a-b6dd-731a361ead31\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\">\n<pre>Nicholas Kovalsky\r\nAVX Corporation\r\n+1 (864) 228-8869\r\nnicholas.kovalsky@avx.com\r\n<\/pre>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>FOUNTAIN INN, SC and SAN DIEGO, CA, Nov. 17, 2020 (GLOBE NEWSWIRE) &#8212; AVX Corporation, a Kyocera group company, and Presidio Components, Inc. today announced they have settled all outstanding claims between the companies. The two parties have entered into appropriate licenses and agreements and have agreed to dismiss all related litigation. Specific l terms of the agreement remain confidential. \u201cWe are pleased to have reached agreement with Presidio Components and resolved all of our outstanding litigation under terms that allow us to freely work with our customers and allows AVX to focus on building the industry\u2019s leading portfolio of advanced electronic components,\u201d said Johnny Sarvis, CEO of AVX Corporation. \u201cWe look forward to continuing to provide value added electronic &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/avx-and-presidio-components-settle-all-outstanding-litigation\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;AVX and Presidio Components Settle All Outstanding Litigation&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-383107","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>AVX and Presidio Components Settle All Outstanding Litigation - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/avx-and-presidio-components-settle-all-outstanding-litigation\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"AVX and Presidio Components Settle All Outstanding Litigation - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"FOUNTAIN INN, SC and SAN DIEGO, CA, Nov. 17, 2020 (GLOBE NEWSWIRE) &#8212; AVX Corporation, a Kyocera group company, and Presidio Components, Inc. today announced they have settled all outstanding claims between the companies. The two parties have entered into appropriate licenses and agreements and have agreed to dismiss all related litigation. Specific l terms of the agreement remain confidential. \u201cWe are pleased to have reached agreement with Presidio Components and resolved all of our outstanding litigation under terms that allow us to freely work with our customers and allows AVX to focus on building the industry\u2019s leading portfolio of advanced electronic components,\u201d said Johnny Sarvis, CEO of AVX Corporation. \u201cWe look forward to continuing to provide value added electronic &hellip; Continue reading &quot;AVX and Presidio Components Settle All Outstanding Litigation&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/avx-and-presidio-components-settle-all-outstanding-litigation\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-11-17T14:33:17+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODA4NzI5NyMzODMwNzA4IzIwMTE3Mzk=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/avx-and-presidio-components-settle-all-outstanding-litigation\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/avx-and-presidio-components-settle-all-outstanding-litigation\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"AVX and Presidio Components Settle All Outstanding Litigation\",\"datePublished\":\"2020-11-17T14:33:17+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/avx-and-presidio-components-settle-all-outstanding-litigation\\\/\"},\"wordCount\":227,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/avx-and-presidio-components-settle-all-outstanding-litigation\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODA4NzI5NyMzODMwNzA4IzIwMTE3Mzk=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/avx-and-presidio-components-settle-all-outstanding-litigation\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/avx-and-presidio-components-settle-all-outstanding-litigation\\\/\",\"name\":\"AVX and Presidio Components Settle All Outstanding Litigation - 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The two parties have entered into appropriate licenses and agreements and have agreed to dismiss all related litigation. 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