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Broadcom and Netflix Clash Over Patent Disputes Ahead of 2025 Trial

Benzinga LogoBenzinga21h ago

Broadcom and Netflix Clash Over Patent Disputes Ahead of 2025 Trial - Benzinga

Quick Summary:

Netflix accused VMware of violating five patent rights in “virtual machines” that run another computer’s operating software on a host computer, according to the Reuters report.Broadcom’s U.S.lawsuit against Netflix will likely go to trial in June 2025.

On Monday, Netflix Inc.(NASDAQ:NFLX) prosecuted Broadcom Inc.‘s (NASDAQ:AVGO) cloud computing subsidiary VMware in a California court for allegedly infringing its patent rights.

Netflix sought monetary damages.Broadcom held $9.35 billion in cash and equivalents as of November 3, 2024.


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Article Details

Author / Journalist: Anusuya Lahiri

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-24 @ 18:38:39 (21 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 309 words

Reading Time: 2 minutes read

Sentences: 14 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 24644612

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Main Topics: Technology

Official Website: benzinga.com

Update Frequency: 13 posts per day

Year Established: 2010

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #53

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