Masimo CEO Reportedly Spent $60 Million Trying To Ban Apple Watch Sales In The U.S. Over Patent Infringement

wccftech.com:

A violation of Masimo’s patents has resulted in various Apple Watch models getting banned in the U.S., though their sales will not be halted until December 21. Both companies have had a long history, as the health-focused technology corporation filed the lawsuit in 2020. However, according to the latest findings, Masimo appears to be on a vendetta against the Califoria-based giant, and his efforts in getting the Apple Watch banned in the U.S. have cost him around $60 million, but his reason for going against one of the largest entities in the world may not be misguided, as talked about in the latest rumor.

Apple and Masimo had previously met up for talks about a potential partnership or even an acquisition, according to Sheel Mohnot on X, but the rumor claims that Apple had intentions to take the technology for itself, which is now found in various Apple Watch models. To bring its plan to fruition, not only did Apple recruit 20 Masimo employees, adding to its overall headcount that is in the thousands, but the firm also doubled their salaries. Additionally, the company gave Masimo’s Chief Technology Officer $4 million to join the Cupertino firm.

The CTO’s name has not been mentioned in the post, but in just the first two weeks at his new designation at Apple, the former Masimo executive filed for 12 patents for sensors that ended up being his previous employer’s trade secrets. The rumor also states that Apple did not receive FDA approval for the product as Masimo did, and its CEO, Joe Kiani, who is an electrical engineer, decided to fight tooth and nail to ensure that Apple failed in its endeavors. It has been a long, hard road for Kiani, as in 2021, the International Trade Commission recommended that the Apple Watch be