A Texas federal jury has determined that Fortress Investment Group controls patent monetizer VLSI Technology LLC, a finding that could influence Intel Corp.'s ongoing legal battle over patent infringement. Intel has faced verdicts totaling more than $3 billion related to alleged infringements of VLSI's patents. During the trial, Intel argued that Fortress's authority to override VLSI's financial decisions, including the power to deny requests for money, demonstrates actual control over VLSI. The jury's decision supports Intel's position, potentially allowing the company to avoid the substantial patent verdicts. Additionally, the jury found that Fortress Investment Group also controls Finjan, another entity involved in the dispute. The next step involves a judge deciding whether Intel can invoke its license agreement with Finjan to escape the infringement findings against VLSI. The three-day trial centers on the relationship between Fortress and these patent holders and its implications for Intel's liability.
BREAKING: A Texas federal jury found that Fortress Investment Group controls both VLSI Technology and Finjan, so a judge will now decide whether that means Intel can escape findings that it infringed VLSI's patents by invoking its license with Finjan. https://t.co/bvw7Tpgbx0 https://t.co/GRfWLGozxb
Intel Corp. convinced a Texas jury that VLSI Technology LLC is controlled by Fortress Investment Group, setting up a potential escape from more than $3 billion in patent-infringement verdicts against the chipmaker in the lengthy dispute. https://t.co/PIBRNRzK8a
In a recent trial, a jury has found that Fortress Investment Group controls VLSI Technology, a decision that could potentially benefit Intel in their efforts to avoid $3 billion in patent infringement verdicts.