financetom
Business
financetom
/
Business
/
Masimo smartwatches infringe Apple design patents, US jury says
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Masimo smartwatches infringe Apple design patents, US jury says
Nov 3, 2024 12:04 PM

Oct 25 (Reuters) - Apple ( AAPL ) convinced a federal

jury on Friday that health monitoring tech company Masimo's ( MASI )

smartwatches infringe two of its design patents.

The jury, in Delaware, agreed with Apple ( AAPL ) that Masimo's ( MASI ) W1

and Freedom watches and chargers willfully violated Apple's ( AAPL )

patent rights in smartwatch designs, awarding the tech giant

$250 in damages. Apple's ( AAPL ) attorneys told the court the "ultimate

purpose" of its lawsuit was to win an injunction against sales

of Masimo's ( MASI ) smartwatches after an infringement ruling.

The jury also determined that Masimo's ( MASI ) watches did not

infringe Apple ( AAPL ) patents covering smartwatch inventions that the

tech giant had accused Masimo ( MASI ) of copying.

Masimo ( MASI ) said in a statement that the company appreciated the

jury's verdict "in favor of Masimo ( MASI ) and against Apple ( AAPL ) on nearly

all issues," and that the decision only applied to a

"discontinued module and charger."

"Apple ( AAPL ) primarily sought an injunction against Masimo's ( MASI )

current products, and the jury's verdict is a victory for Masimo ( MASI )

on that issue," Masimo ( MASI ) said.

Apple ( AAPL ) said in a statement that it was "glad the jury's

decision today will protect the innovations we advance on behalf

of our customers."

Irvine, California-based Masimo ( MASI ) accused Apple ( AAPL ) of hiring

away its employees and stealing its pulse oximetry technology

after discussing a potential collaboration. Masimo ( MASI ) convinced the

U.S. International Trade Commission last year to block imports

of Apple's ( AAPL ) Series 9 and Ultra 2 smartwatches after the

commission found that their technology for reading blood oxygen

levels infringed Masimo's ( MASI ) patents.

Apple ( AAPL ) has appealed the decision and resumed selling the

watches after removing the technology. The tech giant

countersued Masimo ( MASI ) for patent infringement in 2022, alleging

that Masimo ( MASI ) copied Apple Watch features to use in its

smartwatches.

Apple ( AAPL ) also accused Masimo ( MASI ) of using lawsuits at the ITC

and in California to "make way for Masimo's ( MASI ) own watch." Masimo ( MASI )

said Apple's ( AAPL ) patent lawsuit was "retaliatory" and "an attempt to

avoid the court in which the parties have been litigating their

dispute."

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Nordstrom Forms Committee to Evaluate Go-Private Proposal
Nordstrom Forms Committee to Evaluate Go-Private Proposal
Apr 18, 2024
05:12 PM EDT, 04/18/2024 (MT Newswires) -- Nordstrom (JWN) said late Thursday its board formed a special committee to evaluate a potential go-private transaction proposed by Erik Nordstrom and Pete Nordstrom, the company's chief executive and president, respectively. The two executives own a combined 9.52% interest in the company, as of Wednesday. The committee will also evaluate any other proposals,...
Western Alliance Reports Mixed Q1 Results: Earnings Miss, Revenue Beats
Western Alliance Reports Mixed Q1 Results: Earnings Miss, Revenue Beats
Apr 18, 2024
Western Alliance Bancorporation reported its first-quarter financial results after the bell Thursday. Here's a look at the details.  The Details: Western Alliance reported quarterly earnings of $1.60 per share, missing the consensus estimate of $1.66 by 3.61% and representing a 30.43% decrease from the same period last year. The company reported quarterly sales of $728.8 million which beat the analyst...
Xcel Energy Files Mixed Shelf
Xcel Energy Files Mixed Shelf
Apr 18, 2024
05:09 PM EDT, 04/18/2024 (MT Newswires) -- Xcel Energy ( XEL ) filed an automatic shelf registration statement Thursday for the potential sale of securities from time to time. The filing covers its senior debt securities, subordinated debt securities, junior subordinated debt securities, common stock, preferred stock, depositary shares, warrants, rights, purchase contracts, and units. The company said it will...
Galaxy Asset Management Announces March 2024 Month End AUM
Galaxy Asset Management Announces March 2024 Month End AUM
Apr 18, 2024
05:10 PM EDT, 04/18/2024 (MT Newswires) -- Galaxy Digital Holdings ( BRPHF ) said Thursday that its affiliate, Galaxy Asset Management, reported preliminary assets under management (AUM) of $7.8 billion as of March 31.. The 23.3% decrease in preliminary AUM compared to the prior month was primarily driven by the liquidation of assets associated with an ongoing opportunistic mandate, partially...
Copyright 2023-2026 - www.financetom.com All Rights Reserved