Press Release

Intellectual Ventures Announces Silicon Labs as Newest Licensee

July 2, 2012 AUSTIN, Texas and BELLEVUE, Wash.

Intellectual Ventures (IV®) and Silicon Laboratories Inc. (NASDAQ: SLAB), a leader in high-performance, analog-intensive, mixed-signal integrated circuits (ICs), announced today that they have entered into an intellectual property license agreement providing Silicon Labs with access to the majority of IV’s extensive patent portfolio.

Intellectual Ventures (IV®) and Silicon Laboratories Inc. (NASDAQ: SLAB), a leader in high-performance, analog-intensive, mixed-signal integrated circuits (ICs), announced today that they have entered into an intellectual property license agreement providing Silicon Labs with access to the majority of IV’s extensive patent portfolio.

Silicon Labs is an innovator in the semiconductor space, with a strong understanding of intellectual property. Silicon Labs joins Intellectual Ventures’ more than 30 industry-leading customers around the world that recognize the value of a strong IP strategy. IV provides a variety of solutions for companies seeking to develop and enhance their IP strategies. Companies of all sizes can rely on IV to meet their current business needs and to provide guidance on developing and acquiring invention rights relevant to their product roadmaps.

“Intellectual Ventures’ license gives Silicon Labs ready access to invention rights for a broad set of technologies,” said Roy Maharaj, head of IV’s semiconductor licensing program. “We look forward to a long and mutually beneficial relationship with Silicon Labs.”

IV’s portfolio consists of nearly 40,000 IP assets in more than 50 technology areas. In addition to traditional IP licensing deals, companies can work with IV's in-house inventors as well as its network of more than 3,000 inventors in 10 countries around the world to solve near-term technical issues and invent the technologies that will differentiate their next-generation products from the competition.

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