Intel Verdict Gives IP Attys 2 Billion Reasons To Sue In WDTX
Law360 (March 4, 2021, 6:30 PM EST) -- Tuesday's $2 billion patent verdict against Intel Corp. is a record-breaking result under a relatively new Texas federal judge who's seen as an innovator, and could draw even more litigants to a court that's quickly taken over as the reigning hotbed of patent litigation.
In the second-largest patent infringement verdict in history and the largest still standing, a Western District of Texas jury awarded $2.175 billion to VLSI Technology LLC, finding Intel sold billions of chips with energy-saving and speed-optimizing technologies covered by patents assigned in 2019 to the hedge-fund-owned VLSI.
It was only the second patent trial for U.S. District...
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