HP and Cornell University have been fighting a legal battle over patents that Cornell claims HP is infringing upon. HP has announced that it has filed an appeal in the dispute after a jury sided with Cornell in the suit.
A jury awarded Cornell a verdict granting the university $53 million to $184 million in damages. HP says that it will be increasing its reserve to reflect the award. I guess that means in case it has to actually pay that amount. HP says it expects to record a 1 to 2 cent charge per share for Q2 2009.
The patent dispute between HP and Cornell centers on the PA-8000 family of microprocessors along with the servers and workstations that use the microprocessor. HP says that the patent in the suit expired on February 21, 2006 and will not affect current sales of HP products.