Thursday, March 8, 2007

Vonage found guilty of Infringing on Verizon Patents

A federal jury Thursday found U.S. Internet-phone provider Vonage Holdings Corp. infringed on Verizon Communications Inc. patents.

The jury ordered Vonage to pay $58 million in damages to Verizon plus a 5.5 percent royalty on future sales.

Immediately following the verdict, attorneys for New York's Verizon requested a permanent injunction barring Vonage from further use of its patented technology, The Wall Street Journal reported.

read the rest from Playfulls

No comments:

Add to Technorati Favorites