The Federal Government has described a multi-million-dollar legal settlement over CSIRO’s Wi-Fi technology as a major boost for the organisation.
The settlement secures more than $220 million for the Australian organisation, which invented the technology in the 1990s.
Wi-Fi technology is used in more than 3 billion electronic devices worldwide, including personal computers, video games and mobile phones.
Today’s settlement is the second successful litigation to be conducted by the CSIRO, which patented the technology and now has licence agreements with 23 telecommunications companies — via redwolf.newsvine.com
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