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+ - Court Orders Marvell to Pay Carnegie Mellon $1.5B for Patent Infringement->

Submitted by Lucas123
Lucas123 (935744) writes "A U.S. District Court has ruled that Marvell Technology must pay Carnegie Mellon University (CMU) $1.54B for infringing on two hard drive chip patents. Marvell was also ordered to pay interest at 0.14% annually, and 50 cents for each chip sold that uses the intellectual property. While Marvell did not comment on the case, CMU said it "understands" that Marvell will again appeal the ruling and the school "will look forward to the federal circuit court" upholding the lower court's ruling. The latest decision by a U.S. District Court in Western Pennsylvania ends for now a five-year legal battle between the two. In 2012, a jury found Marvell had violated CMU's patents, and the chip maker then appealed that ruling."
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Court Orders Marvell to Pay Carnegie Mellon $1.5B for Patent Infringement

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