Masimo Corp. (NASDAQ:MASI) CEO Joe Kiani has expressed his willingness to settle the ongoing rift with Apple Inc. (NASDAQ:AAPL) over patent infringements related to the Apple Watch Ultra 2 and Apple Watch Series 9.
What Happened: In an interview with Bloomberg TV, Kiani stated that he was open to a settlement with Apple but maintained that the tech giant has not yet sought one. The Masimo CEO stated that a resolution would require effort from both parties.
He said, “They haven’t called,” adding, “It takes two to tango.”
Earlier this year, the International Trade Commission ITC ruled that the Apple Watch violated two Masimo patents