The CSIRO’s settled a patent lawsuit over its invention of Wi-Fi technology with AT&T, Verizon Wireless and T-Mobile USA. The good news for Australian science? $220 million dollars of research money.
The Conversation reports that The Minister for Science and Research, Senator Chris Evans, announced that CSIRO will receive more than $220m from AT&T, Verizon Wireless and T-Mobile USA. They join a group of 23 companies — or more than 90 per cent of the industry — who currently pay patent fees to the CSIRO. It’s not the first time the CSIRO’s seen Wi-Fi money come its way, but with the crucial patent expiring next year, it might just be the last. [The Conversation]