Philips Electronics loses $467 million patent verdict to Masimo

[riky]

Philips Electronics loses $467 million patent verdict to Masimo

<p><a href="http://news.yahoo.com/philips-electronics-loses-467-million-verdict-masimo-patent-211157049--finance.html"><img src="http://l1.yimg.com/bt/api/res/1.2/wihkNIoBborf.Zw.gjtm6g--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9Njk7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2014-10-01T211157Z_1_LYNXNPEA9020Q_RTROPTP_2_PHILIPS-RESTRUCTURING.JPG" width="130" height="86" alt="The logo of Philips is seen at the company's entrance in Brussels" align="left" title="The logo of Philips is seen at the company's entrance in Brussels" border="0" /></a>(Reuters) - A federal jury on Wednesday said Philips Electronics NA should pay $466.8 million to Masimo Corp for having infringed two patents for technology used to help measure blood oxygen and track pulse rates. Shares of Masimo closed 12.9 percent higher, rising $2.74 to $24.02 on the Nasdaq. Jurors in Wilmington, Delaware needed less than a day of deliberations before ruling in favor of Irvine, California-based Masimo, following a two-week trial. ...</p><br clear="all"/>

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