CSIRO researcher John O’Sullivan, the man behind the Wi-Fi patent. Photo: Sasha Woolley

Australia’s peak science body stands to reap more than $1 billion from its lucrative Wi-Fi patent after already netting about $250 million from the world’s biggest technology companies, an intellectual property lawyer says.

The CSIRO has spent years battling 14 technology giants including Dell, HP, Microsoft, Intel, Nintendo and Toshiba for royalties and made a major breakthrough in April last year when the companies opted to avoid a jury hearing and settle for an estimated $250 million. Read more…