HomeStock MarketAmazon must pay $525 million for cloud-storage patent infringement, according to US...

Amazon must pay $525 million for cloud-storage patent infringement, according to US jury verdict.

Amazon’s AWS Owes Kove $525 Million for Patent Infringement

By Blake Brittain

An Illinois federal jury ruled that Amazon Web Services, the world’s largest cloud-service provider, must pay tech company Kove $525 million for violating its patent rights in data-storage technology.

Kove Claims Essential Technology Violation

The jury found that AWS infringed three Kove patents crucial to Amazon’s ability to store and retrieve vast amounts of data, as stated by Kove.

- Advertisement -

Amazon Disagrees with Verdict

An Amazon spokesperson stated the company’s intention to appeal the verdict, disagreeing with the jury’s decision.

Protecting Innovation and IP Rights

Kove’s lead attorney, Courtland Reichman, emphasized the significance of safeguarding intellectual property rights for startups against tech giants and praised the verdict as a win for innovation.

History of the Lawsuit

Chicago-based Kove filed the lawsuit against Amazon in 2018, alleging that it pioneered high-performance cloud storage technology before the rise of cloud computing.

- Advertisement -

Jury Rules in Favor of Kove

The jury sided with Kove, stating that AWS infringed all three patents but rejecting the claim of willful violation. Amazon had denied the allegations, arguing the patents’ invalidity.

Google Faces Similar Lawsuit

Kove also sued Google last year for infringing the same patents in a separate Illinois lawsuit that is ongoing.

AWS had denied the allegations and argued that the patents were invalid.

Must Read

Advertisement

spot_imgspot_img