Printed from http://www.electronista.com

Verizon settles dispute with Vonage

updated 06:30 pm EDT, Thu October 25, 2007

Verizon/Vonage settle

Verizon Communications has settled a patent spat with Vonage based on the companies' respective voice-over-IP technologies. Accused by Verizon of violating "at least" seven patents, Vonage was facing a possible interruption of service if Verizon was declared the victor. In March, a jury found that Vonage is infringing on three valid, and awarded $58 million in damages. The trial judge subsequently issued an injunction which was stayed pending an appeal. In September, the U.S. Court of Appeals upheld the earlier court decision. Vonage again staved off an injunction by filing a petition for rehearing. The legal to-and-fro has been marginalized, however, by the settlement.

The outcome of current litigation is still important however: If Vonage wins rehearing on either the '574 or '711 patent or if the injunction is vacated as to the '574 or '711 patent, Vonage will pay Verizon $80 million. If Vonage does not win rehearing on either the '574 or '711 patent, or if the stay is lifted reinstating the injunction, Vonage will pay Verizon $117.5 million. A joint statement read succinctly "The parties are pleased to have resolved this matter."

AT&T recently threw its hat in the Vonage lawsuit ring. The voice-over-Internet provider is now known to have been sued by AT&T on October 17th regarding a patent for connecting a traditional phone to an Internet service; the complaint follows two years of unsuccessful negotiations with Vonage to license the patent, AT&T says. Vonage chief counsel Sharon O'Leary vowed that her company would continue to work for an "amicable" negotiated solution and avoid a court battle.



By Electronista Staff
Post tools:

TAGS :

toggle

Comments

  1. ClevelandAdv

    Fresh-Faced Recruit

    Joined: Jul 2004

    0

    VG will skyrocket!

    There goes the Vonage stock - soon it will be skyrocketing to $1.65 a share!

Login Here

Not a member of the MacNN forums? Register now for free.

toggle

Network Headlines

toggle

Most Popular

Sponsor

Recent Reviews

Life n Soul 8 Driver Bluetooth headphones

When it comes to music on the go, consumers generally have some options to consider when looking for the best experience. While Blueto ...

Tesoro Tizona G2N Elite gaming keyboard

The market for gaming keyboards is getting crowded, starting off with some fairly simple keyboards and diverging into the land of modu ...

GX Gaming DeathTaker mouse

Gaming is a serious endeavor for many people, driving them to look for the best performance in their system and interface devices. Fro ...

Sponsor

toggle

Most Commented

 
toggle

Popular News