Intel was ordered to pay $ 2.18 billion after losing a lawsuit over more than two decades of patents. Bloomberg has reported. A jury found that Intel infringed on patents related to voltage and clock frequencies owned by a company called VLSI LLC. “Intel strongly disagrees with today’s jury verdict,” the company said. Bloomberg in a sentence. “We intend to appeal and we are confident that we will prevail.”
“We are very pleased that the jury has recognized the value of the innovations as reflected in the patents and we are very pleased with the verdict of the jury,” VLSI CEO Michael Stolarski said in a statement. The patents, dating from 2010 and 2012, have changed hands several times over the years. They were originally awarded to FreeScale Semiconductor and SigmaTel, but FreeScale later bought SigmaTel and was eventually taken over by NXP Semiconductors in 2015.
VLSI was a legitimate semiconductor company founded in 1979 and was one of ARM Ltd.’s original investment partners. It was bought by Philips in 1999 for $ 1 billion, and parts of it survive today within the Philips NXP spin-off. Furthermore, VLSI LLC started over four years ago and regained control of the two patents. However, Intel attorney William Lee argued that the company has no products and that its only potential source of income is lawsuit. “VLSI]pulled two patents that hadn’t been used for 10 years off the shelf and said, ‘We’d like $ 2 billion,” Lee told the jury.
The case was held in the United States District Court for the Western District of Texas under Judge Alan Albright. Albright is “a former patent litigator and magistrate who was sworn in as a federal judge in 2018 and quickly made his courtroom one of the most popular for patent owners to sue.” Bloomberg indicated.