NEW YORK (GenomeWeb News) – Affymetrix has dropped a lawsuit it had filed against Pacific Biosciences and several former employees that had joined PacBio, according to GenomeWeb Daily News sister publication In Sequence.
In Sequence reported yesterday that Affy settled its claims against PacBio in December. The settlement was confirmed by both Affy and PacBio officials. While Affy declined to comment on terms of the settlement, a PacBio spokesperson said that "the matter was resolved by mutual agreement, and involved no financial terms."
In the suit, which was filed in early November in the Superior Court of the State of California, County of Santa Clara, Affy accused PacBio of luring away at least 15 of its former employees in order to get an unfair competitive advantage in the market.