Friday, November 18, 2011

Patent lawsuit with Motorola could cost Apple $2.7 billion

Apple has reportedly told a German court that it will owe $2.7 billion if it loses a patent lawsuit against Motorola. The two companies have been locked in a legal battle in which Motorola has accused Apple of infringing on a patent related to email sync technology. As a result, Motorola recently won an injunction against Apple Inc. “In light of this risk, Apple’s lawyers have asked the court to determine that MMI will have to give a 2 billion euro bail (US$2.7 billion based on today’s exchange rate) if it seeks to enforce the patent,” patent expert Florian Miller wrote on his blog, FOSS Patents. “The purpose of such a bail is to ensure that an alleged infringer will

Source: http://www.bgr.com/2011/11/18/patent-lawsuit-with-motorola-could-cost-apple-2-7-billion/

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