Last week, a major patent trial began in Southern California as Masimo Corp. vs. Apple Inc. kicked off. And already big stories are flowing out of the proceedings that, for several days now, were entirely or partly conducted in complete secrecy, as Masimo executives testified behind closed doors.
Joe Kiani
Masimo vs. Apple Trial Starts Today – Judge Tells Jurors to Leave Their Apple Watches at Home
Its Biggest Battle Yet with the World’s Largest Tech Corp
As I write this post on Wednesday, it is the opening day of the patent infringement and trade secrets trial based on a lawsuit filed by Masimo Corporation [NASDAQ: MASI] and Cercacor Laboratories, Inc. (a Masimo-affiliated company) versus Apple, Inc. [NASDAQ: AAPL]. You could call it David vs. Goliath, as tiny Masimo tangles with Apple, the largest corporation in the world. This lawsuit was originally filed back in January 2020 by Masimo who claims that Apple has misappropriated trade secrets by hiring former Masimo employees and stealing Masimo patented technologies, valuable intellectual property (IP) they consider trade secrets, for use in Apple products.
Learn more about Masimo vs. Apple…
[Read more…] about Masimo vs. Apple Trial Starts Today – Judge Tells Jurors to Leave Their Apple Watches at HomeMasimo, Sound United Parent, to Expand Denon’s HEOS System
Company Finally Gives a Glimpse of Its Sound United Strategy
In what may turn out to be the best test yet of Masimo’s long-term plans for Sound United, the company announced today that it is launching an expansion of HEOS, the wireless home system initially developed by the company’s Denon division as part of a whole-home wireless music system. When Masimo acquired Sound United back in February of this year, Denon’s “cloud-connected home ecosystem” was one of the items it specifically mentioned as what attracted them to make the acquisition.
With today’s announcement, the company says that the launch of this “…expansion of the HEOS platform [will] provide a robust and always-on connection to the Masimo Health secure cloud.”
See more on this latest announcement by Masimo
[Read more…] about Masimo, Sound United Parent, to Expand Denon’s HEOS SystemMasimo Acquisition of Sound United Spurs Ugly Activist Shareholder Lawsuit
Will Sound United End Up on the Chopping Block as One of Kiani’s Follies?
Politan Capital Management LP filed an amended Schedule 13D to report to the Securities and Exchange Commission (SEC) two important actions the activist investment company had recently taken. One of those actions was that it had increased its holdings of Masimo Corporation (NASDAQ: MASI) to 4,648,869 shares or nearly 9% of the company’s outstanding shares – making it a significant owner. And the second action? Politan has filed a “Verified Complaint” against the company and its Board of Directors – and boy, that complaint is a doozy!
See the details of Politan’s lawsuit against Masimo Corp.
[Read more…] about Masimo Acquisition of Sound United Spurs Ugly Activist Shareholder LawsuitMasimo Names Blair Tripodi as Replacement for Former Sound United CEO Kevin Duffy
Tripodi to Head New Masimo Consumer Division
Masimo, a medical products company that acquired Sound United in February 2022, announced on Monday that it is naming Blair Tripodi as Chief Operating Officer (COO) for its new Consumer division. At this time, the Masimo Consumer division consists almost exclusively of the Sound United business. Tripodi moves into the role originally given to former Sound United CEO Kevin Duffy, although Duffy was offered the title of President.
See more on Tripodi’s ascension to COO of Masimo Consumer division
[Read more…] about Masimo Names Blair Tripodi as Replacement for Former Sound United CEO Kevin DuffyMasimo Quarterly Report Offers a First Look at Sound United Numbers & Future
Masimo Corporation (NASDAQ: MASI), a global designer and producer of medical products and associated services that recently acquired Sound United, reported its second quarter fiscal 2022 results this week. With this filing, we get to see real data on the size and performance of Sound United, which the company acquired in April.