Vringo Goes After Microsoft
January 31, 2013 by Paul AusickLast November Vringo settled a similar suit against Google Inc. (NASDAQ: GOOG), AOL Inc. (NYSE: AOL), IAC/InteractiveCorp (NASDAQ: IACI), Target Corp. (NYSE: TGT), and Gannett Co. Inc. (NYSE: GCI) for $30 million. Vringo had sought $500 million.
The patents involved in the suit against Microsoft is the same as the patents involved in the Google lawsuit, and are related to relevance filtering when displaying search results. The patents were issued to Lycos, an early web search engine, and were acquired by I/P Engine before it merged with Vringo last year.
Google paid nearly $16 million to Vringo in the November settlement, and that’s probably a figure Microsoft will try to negotiate down.
Sponsored: Attention Savvy Investors: Speak to 3 Financial Experts – FREE
Ever wanted an extra set of eyes on an investment you’re considering? Now you can speak with up to 3 financial experts in your area for FREE. By simply
clicking here you can begin to match with financial professionals who can help guide you through the financial decisions you’re making. And the best part? The first conversation with them is free.
Click here to match with up to 3 financial pros who would be excited to help you make financial decisions.