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October 14, 2015

Patent Case Against Apple Could Award University Foundation $860 Million

Apple could be liable for more than $860 million in damages following a federal jury's finding Tuesday that the company violated a 1998 patent owned by a nonprofit arm of the University of Wisconsin-Madison, Reuters reports. The jury ruled that technology used to improve processor efficiency in chips that powered several versions of the iPhone and iPad was developed by university researchers.

The Wisconsin Alumni Research Foundation, which manages patents for the university, sued Apple early last year. The company denied infringement and argued that the patent is invalid, but the jury rejected that claim. The trial now moves into a second phase to determine damages, which presiding U.S. District Judge William Conley said in a recent ruling could run as high as $862.4 million.