Apple to pay $24.9 million to settle Siri patent lawsuit

Apple to pay $24.9 million to settle Siri patent lawsuit

Apple has agreed to pay $24.9 million to a Dallas company that claims Siri’s voice technology violates one of its patents, Albany Business Review reports. The years-long case alleged Siri was developed at Rensselaer Polytechnic Institute in 2007, four years before Apple introduced the voice assistant with the iPhone 4s. Dallas-based Dynamic Advances licensed the patent from Rensselaer and stands to gain $5 million from Apple after dropping its case, with the remaining $19.9 million to be paid after other, undisclosed conditions are met.
For its part, Apple will receive a patent license and assurances that it won’t be sued again for at least three years. Dynamic Advances is expected to pay 50 percent of its winnings to Rensselaer, but the college has not agreed to the royalty rate proposed in the settlement, saying the issue “may have to be resolved in arbitration,” according to a document filed by Marathon Patent Group. [via 9to5Mac]

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