According to MarketWatch, a federal jury said Vonage Holdings Corp. violated several patents of Verizon Communications Inc.
The immediate damage to Vonage: $58 million, 70% less than the $197m sought, and an ongoing 5.5% royalty if Vonage doesn't figure a workaround. The infringement was found not willful. Verizon is seeking a permanent injunction.
1 comments:
Verizon deal against Vonage was less about incorrect use of ideal technological details, but was developed to be a way to strangle the rivalry.
Intellectual Property watch
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