Intel ordered to pay $949 million in VLSI patent trial
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Intel has suffered a major blow in its patent saga against VLSI, a patent-holding company affiliated with Fortress Investment Group, a hedge fund under SoftBank Group. A Texas jury gave a $948.8 million verdict against Intel for violating VLSI's patent for computer chips. Intel said that it will appeal against the decision. In two previous patent trials between them, both parties shared the spoils.