Judge Sets Low Royalty Rate For Essential Wi-Fi Patents
By Ryan Davis
Law360, New York (October 3, 2013, 7:46 PM ET) -- A federal judge ruled Thursday that Cisco Systems Inc. and other companies must pay only 9.56 cents per unit if they are found to infringe standard-essential Wi-Fi patents owned by nonpracticing entity Innovatio IP Ventures LLC, a small fraction of what Innovatio was seeking.
Innovatio has accused Cisco, Hewlett-Packard Co. and other makers of wireless routers of infringing 19 patents. U.S. District Judge James Holderman held a bench trial that concluded last month in order to set damages in the case before ruling on infringement, in...