ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for default Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.

VRNG Form Hldgs Corp Npv

1.97
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
Form Hldgs Corp Npv NASDAQ:VRNG NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 1.97 0 01:00:00

Vringo Files Patent Suit Against Microsoft

31/01/2013 3:39pm

Dow Jones News


Form Hldgs Corp Npv (NASDAQ:VRNG)
Historical Stock Chart


From Jul 2019 to Jul 2024

Click Here for more Form Hldgs Corp Npv Charts.
   By Ben Fox Rubin 
 

Vringo Inc. (VRNG) said it filed a patent suit against Microsoft Corp. (MSFT), using the same two patents it utilized in a suit it won against Google Inc. (GOOG) and others late last year.

Vringo, a mobile-technology and intellectual-property company, had sued Google--the primary defendant--as well as AOL Inc. (AOL), IAC/InterActiveCorp. (IACI) and others, alleging infringement of two of its patents used to select and position advertising on Internet-search results. It won about $30 million in damages and was granted future royalties from the suit.

That case remains in its post-trial phase. Google has suggested it will appeal, saying it would ultimately win the case.

In the new suit, Vringo alleged Microsoft had willfully infringed the two patents with its search engine, Bing.com.

A Microsoft representative wasn't immediately available for comment.

Vringo was founded in 2006 with a focus on mobile technology, but last March it agreed to merge with privately held Innovate/Protect, which now controls most of the company and brought it into the intellectual property industry. Innovate/Protect, which bought the two patents from Lycos along with six others for $3.2 million, has alleged that the technology it owns is widely used in the search industry.

Since the two patents were found valid and infringed in the Google suit, Vringo had been expected to file additional suits against other technology companies using those patents.

Vringo's shares were up 3.5% at $3.25. The stock is up 27% over the past three months. Microsoft's shares were down three cents at $27.82.

Write to Ben Fox Rubin at ben.rubin@dowjones.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


1 Year Form Hldgs Corp Npv Chart

1 Year Form Hldgs Corp Npv Chart

1 Month Form Hldgs Corp Npv Chart

1 Month Form Hldgs Corp Npv Chart

Your Recent History

Delayed Upgrade Clock