InfoAnda - HP appeals patent dispute ruling, takes 2Q charge

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Yahoo! My Yahoo! Mail Yahoo! Search Search: Sign InNew User? Sign Up News Home - Help Navigation Primary Navigation Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular Secondary Navigation Search Search: HP appeals patent dispute ruling, takes 2Q charge AFP - Saturday, April 11 WASHINGTON (AFP) - - Hewlett-Packard said Friday it has appealed a court decision in a patent dispute with Cornell University and expects to take a charge of one to two cents in the second quarter. ADVERTISEMENT The Palo Alto, California-based computer maker said it would appeal a March 30 ruling by a US District Court reducing to 53 million dollars a jury award of 184 million dollars to Cornell and the Cornell Research Foundation. "HP will be increasing its reserve to reflect the latest developments in the case and expects to record a one to two cent charge to second quarter fiscal year 2009 earnings per share," HP said in a statement. The patent dispute involves allegations that HPs PA-8000 microprocessors, and servers and workstations using the processors, infringed a patent held by Cornell. A federal jury found in June of last year that HP infringed on a Cornell patent for a computer instruction-processing technique invented by H.C. Torng, a Cornell professor emeritus of electrical and computer engineering. In its statement Friday, HP said the patent in dispute expired in February 2006 and the litigation would not affect future sales of HP products. Email Story IM Story Printable View Blog This Recommend this article 0 users recommend Sign in to recommend this article » Most Recommended Stories » Related Articles: Technology Skype founders 'looking to buy back company'AFP - 1 hour 32 minutes ago US-TECH SummaryReuters - Saturday, April 11 HP appeals patent dispute ruling, takes 2Q chargeAFP - Saturday, April 11 Microsoft, Yahoo! in search, ad talks: AllThingsDAFP - Saturday, April 11 Uproar over 'news story' ad on front page of LA TimesAFP - Saturday, April 11 Enlarge Photo Hewlett-Packard sign on a HP building. Hewlett-Packard said Friday it has appealed a court decision in a patent dispute with Cornell University and expects to take a charge of one to two cents in the second quarter. Most Popular – Technology Viewed UN sounds warning after Antarctica ice shelf rips French commandos storm yacht Harry Potter actor arrested over cannabis find US navy bears down on Somali pirates Selective abortion causes 32mln excess China males View Complete List » Search: Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular Copyright © 2009 Yahoo! Southeast Asia Pte Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. Privacy Policy - Terms of Service - Community - Intellectual Property Rights Policy - Help

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