Around the Net
Apple Ordered To Pay $506 Million To University
- Reuters, Wednesday, July 26, 2017 7:31 AM
Apple was ordered to pay $506 million for infringing on a patent owned by the University of Wisconsin-Madison's patent licensing arm, more than doubling the damages initially imposed on Apple by a jury. The judge added $272 million to a $234 million jury verdict because Apple continued to infringe the patent, which relates to computer processor technology, until it expired in December 2016. Apple is appealing the ruling.
