We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type |
---|---|---|---|
Comcast Corporation | NASDAQ:CMCSA | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.56 | -1.45% | 37.98 | 37.98 | 37.99 | 38.43 | 37.94 | 38.26 | 7,016,304 | 19:33:58 |
By Patrick Thomas
TiVo Corp. (TIVO) said Tuesday that an International Trade Commission judge ruled that Comcast Corp. (CMCSA) had infringed on some of its technology patents.
Shares of Tivo rose 8% during after-market trading.
The San Jose, Calif.-based entertainment-technology company alleged that Comcast's X1 platform infringes on patents secured by Rovi Corp., which acquired TiVo in 2016 for $1.1 billion.
The latest decision is the second favorable ITC determination the company has received from the ITC, TiVo said. In 2017, the ITC issued a final ruling that Comcast had infringed two Rovi patents. Comcast subsequently elected to remove the feature from its products.
An ITC judge is also studying whether Comcast products including its X1 Sports App and multi-room DVR features infringe on additional Rovi patents.
TiVo develops devices for television, including an product that allows consumers to both show live television and access more than 20 streaming apps. It is best known for pioneering the digital video recorder, allowing shows to be easily recorded.
"We hope that today's decision will encourage Comcast to pay the necessary licensing fees so their customers can once again access advanced cable features," Arvin Patel, TiVo's chief intellectual property officer, said in a statement.
Comcast couldn't be immediately reached for comment.
Write to Patrick Thomas at patrick.thomas@wsj.com
(END) Dow Jones Newswires
June 04, 2019 18:54 ET (22:54 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
1 Year Comcast Chart |
1 Month Comcast Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions