Benzinga | Feb 2, 2021 04:23PM EST

Corsair Announces Favorable Verdict In Ironburg Inventions Ltd. V. Valve Corp; Jury Found That Valve Corp Infringed Corsair Subsidiary Ironburg's 8,641,525 Controller Patent And Awarded Ironburg $4M

FREMONT, Calif., Feb. 02, 2021 (GLOBE NEWSWIRE) -- Corsair Gaming, Inc. (NASDAQ:CRSR) ("Corsair"), a leading global provider and innovator of high-performance gear for gamers and content creators and its subsidiaries Scuf Gaming and Ironburg Inventions Ltd., announce that on February 1, 2021 in the patent infringement case, Ironburg Inventions Ltd. v. Valve Corp, US District Court for the Western District of Washington in Seattle the jury unanimously found that Valve Corp infringed Ironburg's 8,641,525 controller patent and awarded Ironburg over $4 million. In addition, the jury unanimously found willful infringement by Valve Corp. The jury verdict of willful infringement is the first step to a potential award of enhanced damages up to the statutory limit of treble damages.