Halliburton Unit Awarded $24M In Patent Suit
In September 2002, Security DBS, Halliburton's drill bit business, filed a lawsuit in the U.S. District Court for the Eastern District of Texas seeking damages for Smith's infringement of the patented technology.
The jury found that Smith's competing bits, known as IDEAS, including Twist and Shout bits, willfully infringed three of Halliburton's patents. The jury also rejected Smith's...
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