- Apr 8, 2013
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Story: http://www.reuters.com/article/2014/04/01/us-marvell-carnegiemellon-lawsuit-idUSBREA300A120140401
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
"This award is sufficient to penalize Marvell for its egregious behavior and to deter future infringement activities," the judge wrote in a 72-page decision.
Marvell said it intends in an appeal to the U.S. Federal Circuit Court of Appeals in Washington, D.C. to argue that the patents are invalid, that there was no infringement, and that the court erred in calculating a royalty rate of 50 cents per chip and applying it to chips made and sold abroad.
The initial $1.17 billion award was the third-largest in U.S. patent litigation since 1995, PricewaterhouseCoopers said in a June 2013 study.