My colleague Emma Roth recently wrote about how the company’s patent fight with True Wearables helps explain Masimo’s confidence in its Apple Watch fight. In a profile of Joe Kiani today, The Wall Street Journal writes about still more examples. One 2016 win gave Masimo a $300 million dollar payout from Philips and a deal that “ended up generating more than $1 billion” for the company. Before that, Masimo won “nearly $800 million” in “damages and royalties” from Nellcor.
Apple’s legal battle with medical device maker Masimo started when the company hired Marcelo Lamego, a former Masimo employee privy to confidential information.
Masimo engineer asked Tim Cook to work on Apple Watch 9to5mac.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from 9to5mac.com Daily Mail and Mail on Sunday newspapers.
An email sent by a former Masimo scientist to Tim Cook in 2013 promised the Apple CEO that he could take the tech giant to the No. 1 brand in the medical, fitness and wellness market.