Printed from http://www.electronista.com

Google, others lose Vringo suit, must pay $30 million

updated 01:25 pm EST, Wed November 7, 2012

Google had moved to dismiss patent suit based on Lycos tech

Google and four other companies were found by a jury in Virginia to have infringed on patents held by Vringo, and the companies must now pay Vringo about $30 million for those infringements. First filed in 2011, the lawsuit also included AOL, IAC Search & Media, and Gannett, and Target Corp. Of the $30 million fine, Google will pay $15.8 million, AOL $7.9 million, IAC Search & Media $6.6 million, and Gannet $4,322. Vringo had been hoping for at least $696 million in compensation from the judgment.

The case against Google involved patents formerly held by Lycos, one of the biggest search engines of the 1990s. Innovate/Protect initially filed the patent case last year, and Vringo continued it when it purchased the firm.

The patents in question had been developed by former Lycos Chief Technology Officers Andrew Lang and Donald Kosak. Vringo alleged that Google and others were using the patents to serve advertisements to users, resulting in over $38 billion a year for the search giant.

The court-appointed jury in the case upheld Vringo's patents and confirmed their infringement by Google and others. The jury found, according to Reuters, that reasonable royalty damages would be based on a "running royalty" rate of 3.5 percent.



By Electronista Staff
Post tools:

TAGS :

toggle

Comments

Login Here

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

toggle

Network Headlines

toggle

Most Popular

Sponsor

Recent Reviews

Asus Chromebook C300

When Chromebooks hit the market back in 2011, consumers didn't know what to do with them. The low-cost laptops, powered by Google's Ch ...

Plantronics BackBeat Pro Bluetooth headphones

Looking for a pair of headphones that can do everything a user requires is a task that can take some study. Trying to decide on in-ear ...

Lemur BlueDriver

"Oh no, the check engine light is on…again! What one of the hundreds of reasons could it be this time? Probably going to cost a fort ...

Sponsor

toggle

Most Commented

 
toggle

Popular News