Intel Scores Legal Victory: Jury Confirms Fortress Investment Group’s Control Over VLSI, Sparking Potential $3 Billion Patent Reimbursement
AUSTIN, Texas — Intel has persuaded a jury that Fortress Investment Group controls VLSI Technology, a ruling that could significantly impact Intel’s financial obligations linked to allegations of patent infringement by VLSI. This decision could potentially reverse Intel’s previous payments exceeding $3 billion to VLSI related to these patent disputes. The heart of the contention lies in a licensing agreement Intel established with Finjan in 2012, which Intel claims should also extend to VLSI due to Fortress’s control over both entities. Intel argues that the agreement, which covers patents held by Finjan and other associated … Read more