As of January 21, 2014, Kovio, Inc. was acquired by Thin Film Electronics ASA. Kovio, Inc. engages in developing and manufacturing semiconductor products using printed silicon electronics and thin film technology. Its products include printable silicon-based inks and process solutions, printed biosensors, and labeling solutions. The company’s silicon-based inks are used to print integrated circuits, sensors, and displays. Its printed electronic products and solutions are used in retail, pharmaceutical, healthcare, transportation, consumer electronics, manufacturing, and energy industries, as well as for display applications in advertising, entertainment, and education markets. The company ha...
2865 Zanker Road
San Jose, CA 95134
Founded in 2001
Exar Corp., Mission West Properties, L.P. and Kovio, Inc. Enter into Agreement to Settle the Pending Litigation
Apr 12 13
On April 9, 2013, Exar Corp., Mission West Properties, L.P. and related entities, and Kovio, Inc. entered into a settlement agreement and full mutual general release to settle the pending litigation between the parties (Santa Clara County Superior Court, Case No. 1-11-CV-206456) arising from the sale, lease and sublease of property located at 233 South Hillview Drive, Milpitas, California. Exar agreed to pay $2,412,088 to Mission West within thirty days of execution of the agreement and release and allow Mission West to retain its security deposit of $242,682. Kovio also agreed to pay certain amounts to Mission West. Exar agreed to return to Kovio a security deposit in the amount of $314,929. Upon payment by Exar and Kovio, Mission West’s complaint and Exar’s cross-complaint in the action will be dismissed with prejudice. The parties agreed to bear their own attorney’s fees and costs. The Agreement and Release contains mutual releases whereby Mission West, Exar, and Kovio each agreed to release each other from all claims, known and unknown, arising out of, in connection with, or relating to the action or the events or incidents referred to in the pleadings in the action.