Intel wins a major lawsuit and avoids paying billionaire compensation
We informed you last month that a federal jury in Waco, Texas ruled that Intel would have to pay $ 2.18 billion in damages to VLSI, a semiconductor design company, for breaching two of its patents.
However, the case was still pending, as VLSI sued Intel in several states (California, Delaware and Texas) for damages associated with six other alleged patent infringements, claiming a total of 7 , $ 1 billion in damages from all eight alleged violations, along with future royalties, legal fees, costs and interest. Overall, the amount Intel would have had to pay to VLSI would have been a whopping eleven billion.
Apparently, things went well for the Santa Clara company. Indeed, Bloomberg reported that a federal court jury in Waco, Texas rejected VLSI's claims against Intel in a recent trial. A spokesperson for it said, interviewed by sportsgaming.win (USA):
Intel is pleased that the jury has rejected VLSI's meritorious claims that Intel's cutting-edge processors infringe expired patents related to computer technology MP3 players. VLSI is a shell company created by Fortress, a hedge fund owned by Softbank, for the sole purpose of making billions from innovative companies like Intel.
The statement also highlighted the company's 50,000 jobs in the United States and pushed for patent reform to prevent "litigation investors" from harming American companies. VLSI did not immediately respond to requests from its attorney, Morgan Chu of the California-based law firm Irell & Manella, but later claimed that its patents were critical to the development of Intel chips, while Intel retorted that its engineers have been doing their job for years and that the patents were not focused on new ideas when they were published.
Recall that the two patents in question, known as patent 522 and patent 187, were previously owned by NXP Semiconductors until 2019, but are now held by VLSI. The information contained in the documents is used for Intel's Speed Shift technology, which allows processors to determine the frequency and voltage to use for the best possible performance.
The verdict is only the second in a series of three VLSI patent processes. The first saw VLSI win, but Intel said it will appeal to avoid paying the $ 2.18 billion required, while the third is slated for June.
Looking for a new PSU for power your next GPU? Corsair RM750X, 750W modular power supply, is available on Amazon.
However, the case was still pending, as VLSI sued Intel in several states (California, Delaware and Texas) for damages associated with six other alleged patent infringements, claiming a total of 7 , $ 1 billion in damages from all eight alleged violations, along with future royalties, legal fees, costs and interest. Overall, the amount Intel would have had to pay to VLSI would have been a whopping eleven billion.
Apparently, things went well for the Santa Clara company. Indeed, Bloomberg reported that a federal court jury in Waco, Texas rejected VLSI's claims against Intel in a recent trial. A spokesperson for it said, interviewed by sportsgaming.win (USA):
Intel is pleased that the jury has rejected VLSI's meritorious claims that Intel's cutting-edge processors infringe expired patents related to computer technology MP3 players. VLSI is a shell company created by Fortress, a hedge fund owned by Softbank, for the sole purpose of making billions from innovative companies like Intel.
The statement also highlighted the company's 50,000 jobs in the United States and pushed for patent reform to prevent "litigation investors" from harming American companies. VLSI did not immediately respond to requests from its attorney, Morgan Chu of the California-based law firm Irell & Manella, but later claimed that its patents were critical to the development of Intel chips, while Intel retorted that its engineers have been doing their job for years and that the patents were not focused on new ideas when they were published.
Recall that the two patents in question, known as patent 522 and patent 187, were previously owned by NXP Semiconductors until 2019, but are now held by VLSI. The information contained in the documents is used for Intel's Speed Shift technology, which allows processors to determine the frequency and voltage to use for the best possible performance.
The verdict is only the second in a series of three VLSI patent processes. The first saw VLSI win, but Intel said it will appeal to avoid paying the $ 2.18 billion required, while the third is slated for June.
Looking for a new PSU for power your next GPU? Corsair RM750X, 750W modular power supply, is available on Amazon.