Big Law
U.S. Jury Says Amazon’s AWS Owes $525 Million in Cloud-Storage Patent Fight
Amazon.com’s Amazon Web Services, the world’s largest cloud-service provider, owes tech company Kove $525 million for violating its patent rights in data-storage technology, an Illinois federal jury said on Wednesday.
The jury determined that AWS infringed three Kove patents covering technology that Kove said had become “essential” to the ability of Amazon’s cloud-computing arm to “store and retrieve massive amounts of data.”
An Amazon spokesperson said the company disagrees with the verdict and intends to appeal.
Read the source article at Yahoo Finance