WiLAN Awarded $85.23M in Apple Re-Trial
Jury Awards $85.23 Million in damages to WiLAN in Patent Suit against Apple
OTTAWA, Jan. 24, 2020 – Wi-LAN Inc. (“WiLAN”), a Quarterhill Inc. ("Quarterhill") company (TSX: QTRH) (OTCQX: QTRHF), today provided an update on ongoing litigation.
In a damages-only re-trial in the United States District Court for the Southern District of California commenced on January 21, 2020, the jury rendered its verdict today awarding WiLAN $85.23 million in damages owed to WiLAN by Apple Inc. (“Apple”) for the infringement of WiLAN's US patent Nos 8,457,145 and 8,537,757 (“Patents”).
In a previous related trial verdict rendered on August 1, 2018 in the same court, the jury in that case found that Apple infringed the Patents and awarded WiLAN $145.1 million in damages. In a subsequent hearing after that 2018 verdict, the court affirmed the jury’s finding of infringement but ordered another trial solely on damages which resulted in today’s new verdict.
About WiLAN
WiLAN, a Quarterhill company, is one of the most successful patent monetization companies in the world and partners with its customers to unlock the value of intellectual property through various patent monetization models. WiLAN operates in a variety of markets including automotive, digital television, Internet, medical, semiconductor and wireless communication technologies. For more information: www.wilan.com.
About Quarterhill
Quarterhill is focused on the disciplined acquisition, management and growth of companies in dedicated technology areas including, vertical market software and solutions, intelligent industrial systems, and innovation and licensing. Quarterhill's emphasis is on seeking out acquisition opportunities at reasonable valuations that provide a foundation for recurring revenues, predictable cash flows and margins, profitable growth, intimate customer relationships and dedicated management teams. Quarterhill is listed on the TSX under the symbol QTRH. For more information: www.quarterhill.com.
|
Related News
- Everspin Awarded $14.55M to Provide Continued, Stable On-Shore MRAM Manufacturing
- QuickLogic Awarded New $3.0 Million eFPGA Contract
- US Court of Appeals for Federal Circuit Confirms Finding that Apple Infringes WiLAN Patents
- Apple to Start Mass Producing Self-Designed Mac SoC, Projected to Cost under US$100, in 1H21, Says TrendForce
- Apple to Buy Intel's Modem Business for $1 Billion
Breaking News
- Jury is out in the Arm vs Qualcomm trial
- Ceva Seeks To Exploit Synergies in Portfolio with Nano NPU
- Synopsys Responds to U.K. Competition and Markets Authority's Phase 1 Announcement Regarding Ansys Acquisition
- Alphawave Semi Scales UCIe™ to 64 Gbps Enabling >20 Tbps/mm Bandwidth Density for Die-to-Die Chiplet Connectivity
- RaiderChip Hardware NPU adds Falcon-3 LLM to its supported AI models
Most Popular
E-mail This Article | Printer-Friendly Page |