ovaluleq.wordpress.com
Alviso-based TiVo (NASDQ:TIVO) closed the day at A legal battle between TiVo and Dish has been simmeringt more than four years over technology that lets users recors and rewindlive television. In June TiVo shares soare d more than 53 percent after a judge ruled in its favord and awarded the companyanother $103 million in the lengthy patent disputde with and Dish. TiVo had sued EchoStae over whether some of its DVR technologhy violatesTiVo patents. Dish Network (NASDAQ:DISH) used to be part of EchoSta (NASDAQ:SATS). It split into two companies at the stargtof 2008.
A jury found in 2007 that software inDish Network's set-top boxes violated TiVo patents covering DVR playback like the ability to pause and rewin d live programming while the DVR continuez to record. Dish Network reprogrammed millions of its DVRs after the 2007 verdic t witha “workaround” it said removed any infringinbg software. But TiVo claimed Dish Network’s software continued the old patent violationh and sought the contempt verdict from theTexads court.
Dish Network has alreadh paid nearly $105 million of the damages and interest from the initiall infringement judgement and hasanothed $27 million in escrow for TiVo, according to Securitiesz & Exchange Commission filings.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment