HP will appeal Cornell University decision
Summary: HP on Friday said it had filed an appeal in a patent dispute with Cornell University and the Cornell Research Foundation.Last month, the US District Court cut the amount that a jury had earlier imposed on the company from $184 million to $53 million in favour of the university.
HP on Friday said it had filed an appeal in a patent dispute with Cornell University and the Cornell Research Foundation.
Last month, the US District Court cut the amount that a jury had earlier imposed on the company from $184 million to $53 million in favour of the university. HP said it will increase its reserve to reflect the developments and expects to take 1 or 2 cent charge per share in its second-quarter earnings per share.
The patent dispute stems back to allegations that HP's PA-8000 microprocessor violated the patents held by the university. The HP-8000 was manufactured from 1996 to 2005. At the time it was a sophisticated unit for use in workstations and servers.
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