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Posts tagged Advanced Technology
Evolution Optiks

Evolution Optiks has been recognized by the Founders Forum as one of twenty "disruptive tech companies" in North America. 

"Given our teams stealthy creation of technology over the last 5 1/2 years, the company has now been recognized and chosen as 1 of 20 key "disruptive tech companies" in North America." Chris Hough, CEO and Founder of Evolution Optiks presented at the Founders Forum event in NYC, revealing the company's game-changing platform.

Evolution Optiks is creating the first real seamless solution for Presbyopia (Farsightedness) and removing the need for corrective lenses when using mobile phone screens. The company is venture backed and has developed a personalized visual acuity solution for viewers of mobile devices and automotive display screens.

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WARF v Apple infringement damages increased

Apple ordered to pay $506 million to university in patent dispute.

In late July, 2017, a U.S. judge ordered Apple Inc to pay $506 million for infringing on a patent owned by the the Wisconsin Alumni Research Foundation, University of Wisconsin-Madison's patent licensing arm, more than doubling the damages initially imposed on Apple by a jury.

U.S. District Judge William Conley in Madison added $272 million to a $234 million jury verdict the Wisconsin Alumni Research Foundation won against Apple in October 2015. Conley said WARF is owed additional damages plus interest because Apple continued to infringe the patent, which relates to computer processor technology, until it expired in December 2016. Mark Chandler testified on licensing and damages on behalf of WARF in the U.S. District Court trial.

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Digital Domain acquires virtual reality company Immersive Media

Why Digital Domain Holdings is Betting On VR with A Big Investment in IMV

Upstream Partners has helped its client, Immersive Media, realize the full value of its intellectual property assets, as Digital Domain Holdings Limited (DDH) completed a strategic investment in the virtual reality and immersive content sector by taking a majority stake in the Canadian VR tech firm. Upstream had advised the company for over a year to position its catalog of IP assets, which initially raised $6 million, then within fifteen months was acquired for approximately well over 30 times revenue, with the lion’s share of value being attributed to its intellectual property.

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