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Slideshow Sponsored Links Jury orders Marvell to pay $1.17 billion in patent case Tweet Share this Email Print Related News BRIEF-Marvell loses $1.17 bln verdict in Carnegie Mellon patent lawsuit 2:56pm EST Patent agency rejects Apple "pinch-to-zoom" patent in initial ruling Thu, Dec 20 2012 Owner of OpenTV slaps Netflix with patent lawsuit Wed, Dec 19 2012 Kodak in $525 million patent deal, eyes bankruptcy end Wed, Dec 19 2012 Jury says Apple iPhone violated three patents, damages unclear Thu, Dec 13 2012 Related Topics Tech » Wed Dec 26, 2012 3:21pm EST (Reuters) - A federal jury on Wednesday ordered Marvell Technology Group Ltd to pay $1.17 billion in damages in a patent infringement lawsuit brought by Carnegie Mellon University, court records show. Marvell was accused of infringing patents for technology to increase the accuracy with which hard disk drive circuits read data from high-speed magnetic disks, lawyers for Pittsburgh-based Carnegie Mellon said. The damages award was detailed in a verdict form made public in U.S. district court in Pittsburgh. The verdict included a finding that the infringement was willful, which could let the trial judge award triple damages, Carnegie Mellon lawyers said. Marvell could not immediately be reached for comment. Its shares fell after the verdict was announced, and in afternoon trading were down 60 cents, or 7.3 percent, at $7.65 on the Nasdaq. (Reporting by Jonathan Stempel in New York; Editing by Steve Orlofsky) Tech Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. 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