Google infringes old Lycos patents, must pay $30 million
10 02 2013Vringo is a little company that’s made a huge bet on suing Google over patents. Today that bet paid off, although to a much lesser degree than its investors hoped earlier. After a two-week trial in Virginia, a jury found that Google’s advertising system infringes two old Lycos patents purchased by Vringo in 2011, and that those patents are valid.
Google and several of its advertising partners were ordered to pay a total of about $30 million. That’s a lot of money, but far less than the $493 million Vringo was seeking.
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