Finisar Corp. employs dozens of Ph.D.-level scientists to create technology for its high-speed data communication components and testing business, but one of the company’s most lucrative inventions may be a patent outside of its core business that generated a court victory worth $117.3 million last year.
In June 2006, the Sunnyvale, Calif.-based Finisar won a $78.9 million jury verdict in a patent infringement case against broadcast satellite company The DirecTV Group Inc. of El Segundo, Calif. Although appeals are in the works, fines are racking up, including a judge’s $25 million enhancement for willful infringement and $13.4 million for prejudgment interest, post-judgment interest and a compulsory license. Finisar Corp. v. DirecTV Group Inc., No. 05-00264 (E.D. Texas).
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]