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US: Intel files antitrust case against SoftBank-backed firm

By  |  October 23, 2019

Chipmaker Intel has filed an antitrust lawsuit against a SoftBank owned investment company alleging the firm stockpiled patents to hold up technology companies with numerous lawsuits. 

The complaint filed late Monday, October 21, in the US District Court for the Northern District of California in San Jose alleged that Fortress Investment Group, which SoftBank bought in 2017 for US$3.3 billion, acquired control of more than 1,000 US technology patents.

Intel said that Fortress and other companies it owns or controls filed lawsuits against the Santa Clara chipmaker claiming that nearly every Intel processor made since 2011 infringed patents the companies had obtained control of from NXP Semiconductors.

“One way in which Fortress has tried to turn around its performance and justify SoftBank’s investment in it is through increased speculation on patent assertions,” the lawsuit said. 

“Intel brings this complaint to end a campaign of anticompetitive patent aggregation by Fortress and a web of (patent assertion entities) that Fortress owns or controls.”

Full Content: Reuters

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