wtorek, 1 kwietnia 2014

Marvell patent verdict grows to $1.54 billion

Sehat Sutardja, Chairman and CEO of Marvell Technology Group, speaks at the Reuters Global Technology Summit New York A federal judge ordered Marvell Technology Group Ltd to pay nearly $1.54 billion for infringing two hard disk drive patents held by Carnegie Mellon University, nearly one-third more than a jury had previously awarded. The award, however, was less than half the maximum $3.75 billion that Carnegie Mellon had sought, though Marvell still plans an appeal. In her decision late Monday, U.S. District Judge Nora Barry Fischer in Pittsburgh, where Carnegie Mellon is based, said "enhanced damages" were justified against Marvell and its Marvell Semiconductor unit because the university showed that they deliberately copied its patents through "known willful infringement." The payout is equal to 1.23 times the sum of the original $1.17 billion jury verdict from December 2012, plus $79.6 million for alleged infringements that the jury did not consider because it had lacked recent financial information at the time. She also denied Carnegie Mellon's request to stop further sales of the chips.








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