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Article: $58M ruling against Vonage; Jury finds Internet phone company violated three patents of rival Verizon.(Business)
- Article from:
- Albany Times Union (Albany, NY)
- Article date:
- March 9, 2007
CopyrightCOPYRIGHT 2007 Albany Times Union. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: MATTHEW BARAKAT - Associated Press
ALEXANDRIA, Va. - Internet phone company Vonage must pay Verizon Communications $58 million for infringing on three patents that enable the upstart's low-cost telephone service, a jury ruled Thursday.
The judgment is far less than the $197 million that Verizon had requested, and it was more in line with what Vonage had suggested - if the Holmdel, N.J.-based company was found liable.
Still undetermined is whether Vonage will be barred from using Verizon's technology. After the verdict, attorneys for Verizon requested a permanent injunction barring Vonage from further use of the patented technology.
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