OT: "Apple faces $862M patent damage claim from University of Wisconsin"

[Vlife]

From link:

"A jury has found Apple's A7 and A8 chips violate a patent belonging to the licensing arm of the University of Wisconsin, and the world's richest smartphone maker is now on the hook for up to $862 million in damages.

The Wisconsin jury reached a verdict on Monday that Apple infringed US Patent No.5,781,752, and the trial now enters a separate damages phase. The patent is owned by Wisconsin Alumni Research Foundation, a university patent-licensing organization that was suing over patents before it was cool...

Regardless of how the damages phase turns out, the WARF v. Apple verdict is likely to encourage more universities to turn to using their patents in court to seek revenue. The number of patent lawsuits filed by universities has increased since Carnegie Mellon University won a $1.17 billion verdict against Marvell Semiconductor in 2012. Only $278 million of CMU's win was upheld on appeal."

 

[derleider]

holy moly. thats basically the size of our entire endowment.

 

[Vlife]

The actual number came in lower, but still very substantial.

From link:

Apple has been ordered to pay the University of Wisconsin's intellectual property management arm $234 million in damages for infringing on one of its processor patents, reports Reuters.

Earlier this week, a jury ruled Apple had infringed on a patent owned by the Wisconsin Alumni Research Foundation (WARF) when it used patented technology in its A7, A8, and A8X processors included in the 2013 and 2014 iPhone and iPad lineup.

WARF had originally asked for damages as high as $862 million, but later lowered that request to around $400 million. Apple will be paying a little more than half of the requested amount with the $234 million award WARF received from the jury. The presiding judge ruled Apple had not willfully infringed on WARF's patent, so the damages award will stay at $234 million.