Apple Watch patent fight may spill over to other tech companies

  • 📰 axios
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

Famed Silicon Valley investor Vinod Khosla's latest legal battle has a big opponent on the other side: Apple. A medical device company Khosla backed, AliveCor, is battling the tech giant over patents, and could win.

latest legal battle has a big opponent on the other side: Apple. A medical device company Khosla backed, AliveCor, is battling the tech giant over patents, and could win.If you ask Khosla, the outcome could have a broad impact on technology inventions, and whether startups and VCs even bother with them going forward.

The body issued an import ban on the smartwatches — though it's currently suspended while the case plays out before the U.S. Patent and Trademark Office.The big picture: Each year, companies across a number of sectors, including health care, biotech, hardware and even software, file patents and other intellectual property protections.

In its filing to the ITC in October, Apple also argues that it independently developed its EKG sensor tech years before AliveCor released the KardiaBand.Negotiating a royalty deal between the two companies would be the ideal outcome, according to Khosla. He adds that the startup tried to approach Apple on this front prior to the lawsuit, but was rebuffed.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 302. in BUSİNESS

Business Business Latest News, Business Business Headlines