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Apple Settles Siri case for 24.9 million dollars
Apple has agreed to pay $ 24.9 million in settlements for infringement of patents around Siri. The Company will pay this amount to Dynamic Advances that in 2012 about a lawsuit started against Apple.
Dynamic Advance demanded compensation because it is in possession of a patent from Rensselaer Polytechnic Institute in New York, which again holds a patent for the work of a professor of the institute. The patent discloses a natural language interface for which makes use of an “enclosed lexicon of results’.
The decision to pay the settlements comes a month before the case was to be brought before a court. Apple pays first five million dollars to the parent company of Dynamic Advances, Marathon Patent Group, as the matter would be settled this. Then the rest will follow.
Part of the agreement is that Apple has a license to continue using the technology in Siri and no business gets more of his pants for the same patent in the next three years.
Rensselaer as yet has not agreed to the proposed proportion of the contract which will be paid fifty percent of the amount of the institute and legal advisers. Rensselaer got the patent on the technology in 2007, and in 2011, Dynamic Advances obtained an exclusive license on the patent. Siri saw the light of day for consumers in October 2011 on the iPhone and iPad.Viewing:-121
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