CHANDLER, ARIZONA – Isola USA and ITEQ settled all outstanding litigation between the two firms, Isola said today. 

As part of the settlement, ITEQ will pay Isola an undisclosed sum and withdraw all of its litigation against Isola in the US and Taiwan. 

Isola will also drop its counterclaims against ITEQ in the US.

Although Isola will not grant a license for a US patent to ITEQ, Isola did grant ITEQ a covenant not to sue, provided ITEQ’s chemical formulations conform to specific confidential restrictions. 

ITEQ also agreed to pay a royalty to Isola on the global sales of ITEQ’s low-loss products through the life of the patent.

Isola designs, develops and manufactures base materials used in the manufacture of advanced multilayer PCBs.

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