ASETEK – Court confirms judgement, increases damages award and issues injunction
Now this is big news. Asetek wins the patent wars against, none other than, Cooler Master.
Here is the press release
San Jose, September 23, 2015. In late 2014, Asetek won a patent infringement case against CMI USA, Inc. (“CMI”) at the United States District Court for the Northern District of California. The jury unanimously ruled in favor of Asetek, and awarded damages based on a 14.5% royalty rate. In a post trial motion, CMI demanded a judgement as a matter of law and a new trial.
The court yesterday denied CMI's demands, and instead substantially followed Asetek’s requests and issued a permanent injunction barring CMI and its parent Cooler Master from selling certain infringing products into the Unites States.
Also, the judge awarded Asetek enhanced damages i.e., a 25.375% royalty rate, on CMI’s revenues for sales of infringing products beginning January 1, 2015.
It should be noted that the matter is appealable by CMI.
Huge I tell ya HUGE.
Well not really, it's just a matter of paying to use a certain technology in your products. We have seen how TW companies "short cut" the process and just clone whatever they want. They can then obscure it enough to skirt around the patent or bypass it completely and sell only in EU or Apac. Assuming the product isn't sold where the company holds the patent there is no issue. However in this case CM was importing these products to the US which is a red flag.
I also read somewhere that the AIO cooler on the FuryX was also made by Cooler Master so there might be some money to be taken there too.
Related Web URL: http://news.cision.com/asetek/r/asetek---court-con...