Seems like every week there is some new lawsuit being levied or being won with regards to the photo industry. This week, we have the results of a lawsuit that we first told you about just over a year ago in which Nikon was suing Sigma over its VR technology.
In case you need a quick refresher, Nikon took Sigma to court over the image stabilization technology in 6 of Sigma’s lenses. Nikon has patents protecting its VR (Vibration Reduction) technology and they determined that Sigma’s Optical Stabilization (OS) was infringing on their patent. Initially, they tried to negotiate a deal, but were unable to come to terms with Sigma, so they opted to sue.
Well, the verdict has come in and a Tokyo District Court has ordered Sigma to pay Nikon $1.5 Billion Yen (roughly $14.5 million dollars). While this may seem like a big loss to Sigma, they actually got off pretty easy when you see that Nikon originally asked for 12 Billion Yen (roughly $116 million dollars).
What do you think of the award Nikon received? Is Nikon in the right for defending their tech or is this just a case of Nikon bullying Sigma? Share your comments below to join the discussion.[via Nikon Rumors]
- Website SEO Alert: The One Thing Every Photographer Shoul...
- Camera Raw 8.8 Is Now Available
- Join the Most Fun & Comprehensive Wedding Photography Wor...
- Chicago River Greening For St. Patrick's Day | A Timelapse
- FAA: Posting Drone Footage On YouTube = Commercial Use?
- The Knot Releases Wedding Statistics | Average Spent On P...