News Summary

• In the Royal Philips settlement in 2016, the company paid Masimo $300 million and agreed to a licensing deal that generated “more than $1 billion for Masimo.” Kiani says that Apple has yet to partake in “serious discussions about a settlement” with Masimo..
• If I can do it, it might change Apple for the better.” In the interview, Kiani says that Masimo has spent around $100 million fighting Apple so far, a battle that started in January 2020..
• “If I can change the most powerful company in the world from continuing to act badly, that’ll have more impact on the world than anything else I’m doing.” Follow Chance: Threads, Twitter, Instagram, and Mastodon..
• In 2006, [Kiani] prevailed in a seven-year patent spat with Nellcor, a company that was then a dominant provider of a rival pulse oximeter device..
• While the Apple Watch is back on the market, Apple’s patent dispute with medical device company Masimo is far from over..
• In 2016, he beat Royal Philips in another patent-infringement case.As part of the Nellcor settlement in 2006, Masimo received nearly $800 million in damages and royalties..