News and Events for Attorneys and Executives

Apple Settles With Major Patent Holder at 1 a.m. the Night Before Trial

AppleA large patent-holding company called Unwired Planet reached a settlement with Apple at 1 a.m. on Monday, just hours before a jury trial was set to start in San Francisco, reports Ars Technica.

“Unwired Planet is the patent-holding remains of early mobile company Openwave, which acquired several hundred U.S. patents from Ericsson in early 2013, with Ericsson getting 20 percent of any patent settlements. Later that year, Unwired Planet sued Apple,” explains reporter .

Law360, which first reported the settlement, said that Unwired Planet was seeking $33 million in royalties.

Read the Ars Technica article.

 

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