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Wednesday, August 10, 2011

Australian man wins a $500Million dollar suit against Microsoft


The beautiful mind of the Aussie who beat Microsoft 
August 10, 2011

 
Photo Left: Naz Mulla

The phone rang early, rousing Ric Richardson from a fitful sleep. As the sun rose over the northern NSW coast, he sat on his verandah and absorbed the news that a jury on the other side of the world had awarded him half a billion dollars. "I didn't really feel like celebrating," he remembers. "I just felt like breathing for a while."
Richardson is the Australian inventor who took on Microsoft and won. In April 2009, a United States court found the giant software corporation had used his technology without his knowledge or permission, and ordered Microsoft to pay compensation of $US388 million (then worth more than $530 million). The award was one of the highest in US patent history.
As it turned out, Richardson was right to keep the cork in the champagne bottle - the verdict was overturned five months later. But early this year, an appeals court upheld the original jury's decision that Microsoft had infringed his patent. He was vindicated, though still didn't feel like throwing a party. "I was just very relieved," he says.
article from wikinvest.com

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