News brief
A US-based jury ordered Apple to pay $634 million for infringing Masimo’s patent for blood oxygen monitoring technology in its Apple Watch, according to multiple media reports including Reuters.
Reuters reports that Apple will appeal the verdict.
Masimo issued the following statement in response to the decision:
“We are pleased by this outcome, and appreciate the time and attention given to our case by the court and the jury. This is a significant win in our ongoing efforts to protect our innovations and intellectual property, which is crucial to our ability to develop technology that benefits patients. We remain committed to defending our IP rights moving forward.”
Read more about the ruling at www.reuters.com.
Image credit: ID 291169208 © Ifeelstock | Dreamstime.com
