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Masimo kept winning on the way to its Apple Watch fight.
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My colleague Emma Roth recently wrote about how the company's patent fight with True Wearables helps explain Masimo's confidence in its Apple Watch fight. In a profile of Joe Kiani today, The Wall Street Journal writes about still more examples. One 2016 win gave Masimo a $300 million dollar payout from Philips and a deal that “ended up generating more than $1 billion” for the company. Before that, Masimo won “nearly $800 million” in “damages and royalties” from Nellcor.
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