TI loses case in JapanIn a blow to Texas Instruments Inc...

BUSINESS DIGEST

September 01, 1994

TI loses case in Japan

In a blow to Texas Instruments Inc., a court in Japan ruled yesterday morning that Fujitsu Ltd., Japan's largest computer company, was not infringing the U.S. company's patent covering the basic invention of the integrated circuit.

During the last few years, Texas Instruments, based in Dallas, has earned hundreds of millions of dollars a year by aggressively seeking royalty payments from other companies.

Texas Instruments' stock fell $4.625 yesterday in Nasdaq trading, to $77.875.

Hunt Valley firm gets contract

EA Engineering, Science and Technology Inc., a Hunt Valley environmental services company, has won a five-year $15 million contract to be part of a wetlands restoration project being done by the Public Service Electric and Gas Co. in New Jersey. The project is a requirement under one of the utility's permits for the Salem Nuclear Generating Station in Hancocks Bridge, N.J.

Pearlstine gets Time Warner job

Norman Pearlstine, former executive editor of the Wall Street Journal, has been selected as editor in chief of Time Inc., the New York Times reported yesterday.

The newspaper quoted a senior Time Warner executive, who spoke on condition of anonymity.

Jason McManus, the current editor, 60, has not formally announced his retirement, but he has told associates that he is planning to retire.

The selection of Mr. Pearlstine must still be presented to Time Warner's board for approval, which is expected later this month.

Trademark infringement suit

InfoSoft Inc., a privately held Baltimore firm, said yesterday it filed a $40 million lawsuit in federal court in Delaware against InfoSoft International Inc. for trademark infringement.

The local company, which publishes and provides technical support for office management software products, said InfoSoft International's use of the trademark "InfoSoft" has resulted in "great confusion" in the marketplace.

InfoSoft International, a public company, is a spinoff of Massachusetts-based Houghton Mifflin Co.

Columbia Bancorp offering set

Columbia Bancorp, parent of the Columbia Bank, said yesterday it plans to make a public offering of 700,000 shares of its stock. The company, which has 1,040,259 shares outstanding, has not yet filed a registration statement with the Securities and Exchange Commission. The sale, which will include up to 308,229 shares sold by the holders of preferred stock, should be completed in the fourth quarter of this year.

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