Intel Settles Patent Row That Future Link Valued At $10B

Law360, Los Angeles (August 18, 2017, 5:29 PM EDT) -- Intel Corp. settled claims from Future Link Systems LLC that it was owed $10 billion in damages for the infringement of 15 patents used in a variety of products including network architecture, cellphones and gaming platforms, according to a recent joint dismissal request in Delaware federal court.

Intel had claimed that if it owed anything at all, it was only $10 million in damages — one-thousandth of what FLS estimated. The suit was scheduled for a bellwether trial in September but was settled for an undisclosed amount, according to Tuesday's dismissal request. The settlement ends Intel's challenges to FLS' patents at...

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