Apple, others must pay PanOptis more than $506 million — Apple World Today
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In February 2019, a group of firms operating under the name Optis Wireless Technology (including Optis Wireless Technology LLC, Unwired Planet LLC, and PanOptis Patent Management LLC) sued Apple over seven patents connected to LTE cellular standards. Every LTE Apple device is affected, including not just iPhones but iPads and the Apple Watch, according to court documents. The plaintiffs — who seem to be “patent trolls” — say that, as recently as January 2017, they were talking to Apple about licensing patents on FRAND (fair, reasonable and non-discriminatory) terms, but came to no agreement.
By the way, a patent troll is an individual or an organization that purchases and holds patents for unscrupulous purposes such as stifling competition or launching patent infringement suits. In legal terms, a patent troll is a type of non-practicing entity: someone who holds a patent but is not involved in the design or manufacture of any product or process associated with that patent.
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