FraunhoferJudge Overturns $1.53 Billion MP3 Patent Ruling Against MicrosoftAuthored by Mark Hefflinger on August 7, 2007 - 2:28pm.
San Diego - A federal judge has reversed a ruling that would have forced Microsoft to pay $1.53 billion in damages to Alcatel-Lucent for infringing MP3-related patents. Microsoft to Pay Alcatel-Lucent $1.5 Billion Over MP3 Patent ClaimsAuthored by Mark Hefflinger on February 22, 2007 - 3:52pm.
New York - Microsoft has been ordered by a federal jury to pay $1.52 billion in damages to Alcatel-Lucent, for infringing on the company's digital music patents. Report: MP3 Format Inventor Fraunhofer to Close First Spin-Off FundAuthored by Mark Hefflinger on October 14, 2005 - 3:46am.
Frankfurt - According to a report by Science Business Publishing Ltd. (SBP), Fraunhofer Gesellschaft, a Germany-based industrial research organization and inventor of the popular MP3 digital music format, will soon close its first venture capital fund to finance spin-off companies. Fraunhofer told SBP it was finalizing terms with a number of undisclosed investors on a $24 million first tranche of the fund, which is targeted for a final size of $60 million. "We want to bring in know-how from the outside to help increase our companies' chances of getting further funding and to create closer contacts with industry," Andreas Apfelbacher told SBP. Apfelbacher is project manager at Fraunhofer's Munich-based Venture Group, responsible for spin-offs and investments.
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