Intel Hit With $948.8 Million VLSI Infringement Verdict

An Anonymous Coward writes:

Cascade Lake and Skylake prove even more expensive than expected:

VLSI Technology, a patent holding company affiliated with Softbank's Fortress Investment Group, has been awarded $948.8 million in a patent infringement claim against Intel Corporation.

On Tuesday, a federal jury in the Western District of Texas, a popular venue for patent claims, found that Intel's Cascade Lake and Skylake processors violated a VLSI data processing patent.

Intel in a statement emailed to The Register said it intends to appeal the decision.

"This case is just one example of many that shows the US patent system is in urgent need of reform," a company spokesperson said. "VLSI is a 'patent troll' created by Fortress, a hedge fund that is bankrolled by large investment groups for the sole purpose of filing lawsuits to extract billions from American innovators like Intel."

"This is the third time that Intel has been forced to defend itself against meritless patent infringement claims made by VLSI. Intel strongly disagrees with the jury's verdict and the excessive damages awarded. We intend to appeal and are confident in the strength of our case."

An attorney representing VLSI did not immediately respond to request for comment.

Read more of this story at SoylentNews.