Thursday, April 27th 2017

Asetek Receives Award of $600K After Patent Infringement Lawsuit

Asetek today announced that it has received payment of approximately $600 thousand as awarded in a patent infringement lawsuit against CMI USA, Inc. In December 2014, the U.S. District Court unanimously ruled in favor of Asetek on all claims in a patent infringement lawsuit against CMI USA, Inc. ("CMI") involving Asetek's U.S. Patents 8,240,362 and 8,245,764. The jury awarded Asetek damages representing a 14.5% royalty on CMI's infringing sales since 2012. After an appeal by CMI, the Federal Circuit U.S. Court of Appeals issued an opinion in April 2017 affirming the prior rulings regarding infringement, validity, damages and injunction against CMI. Payment from CMI of approximately $600,000, including interest, was received by Asetek today.

"This award signifies another successful defense of Asetek's intellectual property," said André Sloth Eriksen, Founder and CEO of Asetek. "As part of efforts to build and maintain market share, we closely review and assess all competitive offerings for infringement of our patents. We are pleased with our success in defending them."
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5 Comments on Asetek Receives Award of $600K After Patent Infringement Lawsuit

#3
newtekie1
Semi-Retired Folder
I think the funny part is, IIRC, AseTek offered them a 10% royalty rate and they refused it. The courts then decided on 14.5% and the appeals court actually raised that even further to 23.5%.
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#4
EntropyZ
Maybe, they'll use the money to improve their cheap pump design.

Of course not.
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#5
cdawall
where the hell are my stars
EntropyZ, post: 3646303, member: 162270"
Maybe, they'll use the money to improve their cheap pump design.

Of course not.
Considering the original name of the product was LCLC or "low cost liquid cooling" I see no reason to. If you want a custom loop build one.
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