After four years in court, the district court of Tokyo has ordered Sigma to pay up for their infringement of Nikon’s VR lens-stabilization technology to the tune of 1.5 billion yen — or about 14.5 million USD.
Originally filed back in 2011, the lawsuit claimed six Sigma lenses were making use of proprietary technology owned by Nikon. Nikon was looking for 12 billion yen (about 116 million dollars) when the motion was initially filed, but while they didn’t get nearly as much as they wanted, they definitely made a statement to Sigma (and the rest of the market for that matter) with the payout.
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Nikon Awarded $14.5M in VR Patent Suit Against Sigma
Originally filed back in 2011, the lawsuit claimed six Sigma lenses were making use of proprietary technology owned by Nikon. Nikon was looking for 12 billion yen (about 116 million dollars) when the motion was initially filed, but while they didn’t get nearly as much as they wanted, they definitely made a statement to Sigma (and the rest of the market for that matter) with the payout.
More...
Nikon Awarded $14.5M in VR Patent Suit Against Sigma