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April 3, 2012 02:06 am EDT

CSIRO snatches $220m windfall in WiFi patent dispute with AT&T, T-Mobile and Verizon

Australia's CSRIO snatches $220m windfall in WiFi patent dispute with AT&T, T-Mobile and Verizon
Australia's Commonwealth Scientific and Industrial Research Organization keeps bowling 'em over -- in the courtroom, anyway -- with its hardy WiFi patent. The government-funded research group has chalked up another $220 million win after AT&T, T-Mobile, Verizon, Acer, Lenovo and Sony each agreed to establish licenses with the litigious group. CSIRO now holds agreements with 23 companies and has pocketed more than $430 million from its courtroom activities. Australian Senator Chris Evans estimates that 90 percent of the industry is now paying licensing fees for the technology, but with the patent set to expire next year, we'd be mighty paranoid to be among that final ten percent. You'll find the full PR, chock-full of Aussie pride, after the break.

Continue reading CSIRO snatches $220m windfall in WiFi patent dispute with AT&T, T-Mobile and Verizon

CSIRO snatches $220m windfall in WiFi patent dispute with AT&T, T-Mobile and Verizon originally appeared on Engadget on Mon, 02 Apr 2012 22:06:00 EDT. Please see our terms for use of feeds.

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Original Link: http://www.engadget.com/2012/04/02/csiro-snatches-220m-windfall-in-wifi-patent-dispute/

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