Verizon has agreed to settle a patent infringement lawsuit that led to a $175 million verdict against the telecom giant last month, according to a filing in Texas federal court.
Verizon and patent holder Headwater Research filed their notice of settlement under seal.
Headwater obtained the jury verdict in July based on allegations that Verizon’s mobile phones, tablets and cellular networks infringed its wireless communications patents. Headwater also won a $279 million verdict against Samsung in a related case in the same Marshall, Texas, court in April, and settled similar lawsuits against AT&T and T-Mobile earlier this month.
Tyler, Texas-based Headwater was founded by scientist and inventor Gregory Raleigh. Headwater said in its 2023 complaint against Verizon that its patented technology allows wireless devices to “reduce data usage and network congestion, extend battery life by decreasing power consumption, and enable users to stay connected.”
Headwater said it shared information about its technology with Verizon under a non-disclosure agreement between 2009 and 2011.
Verizon denied the allegations and argued that the patents were invalid. Reuters