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HP files appeal in Cornell patent dispute case

Hewlett Packard said today that it has filed an appeal in a patent dispute case with Cornell University and the Cornell Research Foundation. (Statement)Last month, the U.
Written by Sam Diaz, Inactive on

Hewlett Packard said today that it has filed an appeal in a patent dispute case with Cornell University and the Cornell Research Foundation. (Statement)

Last month, the U.S. District Court reduced the amount that an earlier jury imposed from $184 million to $53 million in favor of Cornell. The company said it will increase its reserve to reflect the developments and expects to record a 1-2 cent charge to its second-quarter EPS. The company did not readjust its Q2 outlook for the charge.

The company said the patent dispute stems back to allegations that HP's PA-8000 microprocessors - as well as the servers and workstations that incorporate those processors - infringed on a patent, which has since expired and will not affect future sales of HP products.

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