CSIRO Pockets A Cool $200 Million Through Wi-Fi Patents

According to Asher Moses at the Sydney Morning Herald, the CSIRO just received it’s first royalty paycheck for licences on its wireless data patents, which are the cornerstone for Wi-Fi. It was a cool $200 million. Looks like first round’s on them!

The paycheck, which follows on after years of legal battles, plus out of court settlements, is just the start of the money train too, with Wi-Fi such an essential part of computing and gaming these days.

So, three cheers for the CSIRO, for being awesome and rich.

[SMH]