Proud For Profits
  • Investing
  • Stock
  • Latest News
  • Economy
  • Investing
  • Stock
  • Latest News
  • Economy
No Result
View All Result
Proud For Profits
No Result
View All Result
Home Stock

Masimo smartwatches infringe Apple design patents, US jury says

by
October 26, 2024
in Stock
0
Masimo smartwatches infringe Apple design patents, US jury says

By Blake Brittain

(Reuters) -Apple convinced a federal jury on Friday that health monitoring tech company Masimo (NASDAQ:MASI)’s smartwatches infringe two of its design patents.

The jury, in Delaware, agreed with Apple (NASDAQ:AAPL) that Masimo’s W1 and Freedom watches and chargers willfully violated Apple’s patent rights in smartwatch designs, awarding the tech giant $250 in damages. Apple’s attorneys told the court the “ultimate purpose” of its lawsuit was to win an injunction against sales of Masimo’s smartwatches after an infringement ruling.

The jury also determined that Masimo’s watches did not infringe Apple patents covering smartwatch inventions that the tech giant had accused Masimo of copying.

Masimo said in a statement that the company appreciated the jury’s verdict “in favor of Masimo and against Apple on nearly all issues,” and that the decision only applied to a “discontinued module and charger.”

“Apple primarily sought an injunction against Masimo’s current products, and the jury’s verdict is a victory for Masimo on that issue,” Masimo said.

Apple 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 accused Apple of hiring away its employees and stealing its pulse oximetry technology after discussing a potential collaboration. Masimo convinced the U.S. International Trade Commission last year to block imports of Apple’s Series 9 and Ultra 2 smartwatches after the commission found that their technology for reading blood oxygen levels infringed Masimo’s patents.

Apple has appealed the decision and resumed selling the watches after removing the technology. The tech giant countersued Masimo for patent infringement in 2022, alleging that Masimo copied Apple Watch features to use in its smartwatches.

Apple also accused Masimo of using lawsuits at the ITC and in California to “make way for Masimo’s own watch.” Masimo said Apple’s patent lawsuit was “retaliatory” and “an attempt to avoid the court in which the parties have been litigating their dispute.”

This post appeared first on investing.com
Previous Post

Delta sues CrowdStrike over software update that prompted mass flight disruptions

Next Post

Earnings call: Coursera reports growth amid strategic refocus

Next Post
Earnings call: Coursera reports growth amid strategic refocus

Earnings call: Coursera reports growth amid strategic refocus

Enter Your Information Below To Receive Trading Ideas and Latest News

    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    Popular News

    ‘Ultra-right’: Trump budget chief pick Russell Vought faces fire from Dem senators

    ‘Ultra-right’: Trump budget chief pick Russell Vought faces fire from Dem senators

    January 23, 2025
    ‘Totally prepared’: Trump allies say he’s better positioned than ever to enact agenda

    ‘Totally prepared’: Trump allies say he’s better positioned than ever to enact agenda

    January 23, 2025
    Cisco Systems’ Stock Keeps Hitting All-Time Highs: Investment Tips to Maximize Your Success

    Cisco Systems’ Stock Keeps Hitting All-Time Highs: Investment Tips to Maximize Your Success

    January 23, 2025
    Track all markets on TradingView

    About Proud For Profits

    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Main Categories

    • Investing
    • Stock
    • Latest News
    • Economy

    Latest News

    • ‘Ultra-right’: Trump budget chief pick Russell Vought faces fire from Dem senators
    • ‘Totally prepared’: Trump allies say he’s better positioned than ever to enact agenda
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 proudforprofits.com | All Rights Reserved

    No Result
    View All Result
    • Investing
    • Stock
    • Latest News
    • Economy

    Copyright © 2025 proudforprofits.com | All Rights Reserved