Slash Boxes

SoylentNews is people

posted by janrinok on Friday November 18 2022, @02:28PM   Printer-friendly

Cascade Lake and Skylake prove even more expensive than expected:

VLSI Technology, a patent holding company affiliated with Softbank's Fortress Investment Group, has been awarded $948.8 million in a patent infringement claim against Intel Corporation.

On Tuesday, a federal jury in the Western District of Texas, a popular venue for patent claims, found that Intel's Cascade Lake and Skylake processors violated a VLSI data processing patent.

Intel in a statement emailed to The Register said it intends to appeal the decision.

"This case is just one example of many that shows the US patent system is in urgent need of reform," a company spokesperson said. "VLSI is a 'patent troll' created by Fortress, a hedge fund that is bankrolled by large investment groups for the sole purpose of filing lawsuits to extract billions from American innovators like Intel."

"This is the third time that Intel has been forced to defend itself against meritless patent infringement claims made by VLSI. Intel strongly disagrees with the jury's verdict and the excessive damages awarded. We intend to appeal and are confident in the strength of our case."

An attorney representing VLSI did not immediately respond to request for comment.

[...] A 2014 academic paper, "The Direct Costs from NPE Disputes," [PDF] found that in 2011, "the estimated direct, accrued costs of NPE [non-practicing entities] patent assertions totaled $29 billion."

Large technology companies – many of which have amassed large patent portfolios, which they often justify as defensive weapons – have complained for years about patent trolls/patent assertion entities [PAE] /NPEs, which are companies that exist to file infringement claims.

Legal changes, like the US Supreme Court's Alice Corp. v. CLS Bank International decision, which made software patents more difficult to obtain, have reduced patent trials – more claims are being dismissed. But Intel in its antitrust argument against Fortress has suggested that patent assertion entities are adapting to the new legal landscape.

"In the face of these challenges, PAEs have evolved," the company said. "PAEs have increasingly been partnering with investment firms to fuel their litigation."

Original Submission

This discussion was created by janrinok (52) for logged-in users only, but now has been archived. No new comments can be posted.
Display Options Threshold/Breakthrough Mark All as Read Mark All as Unread
The Fine Print: The following comments are owned by whoever posted them. We are not responsible for them in any way.
  • (Score: 2) by RamiK on Monday November 21 2022, @09:26PM

    by RamiK (1813) on Monday November 21 2022, @09:26PM (#1280896)

    very wealthy is an unusual appetite for risk

    Depends on the generation: The first gen got there by a lot of dice rolls and outlier luck so they tend to bet big as a force of habit. However, the following generations tend to build off economies of scale so so long as they have basic common sense they can keep accumulating their fortune. Either way, no risk is too big when you're too-big-to-fail.

    It's possible that in his post-COVID haze he has started following advice more than he used to...

    I'm guessing it's just that solicitations for his money and brand are common as spam mail is to the rest of us so he shot it down by default at the speed of a left swipe on an ad. Either way, there's still something to be said about knowing who to take advice from or maybe the experience it takes to build that "too good to be true so lets refuse first, ask questions later" response so it's still to his credit.

    Starting Score:    1  point
    Karma-Bonus Modifier   +1  

    Total Score:   2