Marvell agrees to pay record-breaking $750M to university to end patent lawsuit
In what appears to be the second-largest payment ever over technology patents, Marvell Technology has agreed to pay Carnegie Mellon University $750 million to end a patent infringement case. After a massive win at the district court level, CMU was on track to collect as much as $1.54 billion. The university won a $1.17 billion jury verdict in 2012, to which a judge added penalties and interest. But an appeals court cut the win significantly, approving $278 million in damages

