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Apple won't license Masimo's patents despite Apple Watch import ban | AppleInsider
(appleinsider.com)
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No surprise here. Apple's position, which I expect they'll likely eventually prevail on, is that none of Masimo's relevant patents are valid and they should have never been issued. Why pay money to license an invalid patent?
Furthermore, licensing a patent can give credibility to said patent, making it more difficult to prove in court that it was ever invalid in the first place.