Intellectual Property
Nov. 16, 2016
Masimo settles decade-plus patent dispute
Irvine-based medical technology company Masimo Corp. has settled patent litigation against Philips Electronics North America Corp. and its parent company, Royal Philips, for $300 million.
Daily Journal Staff Writer
Irvine-based medical technology company Masimo Corp. has settled patent litigation against Philips Electronics North America Corp. and its parent company, Royal Philips, for $300 million.
The deal, which nullifies a $466.7 million jury judgment from 2014, ends a litigation battle that reaches back more than a decade.
Although the jury judgment provided a massive wi...
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