Bloomberg Law
May 24, 2023, 11:11 PM

Intel Says VLSI’s ‘Unconscionable’ Acts Invalidate $948M Verdict

Laurel Brubaker Calkins
Michael Shapiro
Michael Shapiro

Intel Corp. asked a Texas federal judge to throw out a jury’s $948 million patent infringement verdict and order a retrial on claims a patent-enforcement entity and its hedge-fund backer used “unjust tactics” to “weaponize” years of dubious patent litigation.

Hedge fund Fortress Investment Group and NXP Semiconductors formed VLSI Technology LLC to monetize NXP’s hundreds of patents by filing questionable infringement lawsuits against other high-tech manufacturers, Intel claimed in a series of federal court filings this week in the Western District of Texas.

Fortress and NXP insulated themselves from downside litigation risk by creating VLSI as a separate patent-enforcement ...

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