U.S. court rules in favor of Dutch ASML in IP theft case against Xtal

Dutch chip equipment maker ASML Holding NV said on Saturday a U.S. court had issued its final judgment in favor of ASML in an intellectual property theft case against U.S. software maker Xtal. The Santa Clara County Superior Court in California awarded ASML $845 million along with an injunction, ASML said. The Netherlands-based company said the judgment would be uncollectible as Xtal is in bankruptcy, but under a settlement arrangement ASML will end up owning most or all of Xtal’s intellectual property through the bankruptcy process.