The patent infringement litigation involving the California Institute of Technology (Caltech), Broadcom, and Apple, which notably saw Broadcom and Apple avoid a massive $1.1 billion verdict, may be nearing its conclusion. This development comes as Caltech and Broadcom requested a California federal judge to dismiss the ongoing lawsuit.
This request may mark the culmination of legal proceedings which sparked significant interest in the corporate law field, particularly because of the high value at stake. It’s worth noting that this motion to dismiss follows an announcement made two months prior indicating that the parties were approaching a settlement.
Relevant details and implications of the possible dismissal can be further examined in the reporting provided by Law360, accessible here.