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Article: A Settlement By Vonage Over Patents - New York Times
- Article from:
- The New York Times
- Article date:
- October 9, 2007
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Vonage, the Internet phone-calling pioneer, has settled its patent dispute with Sprint Nextelfor $80 million and agreed to license Sprint's Internet-calling technology, the two companies said yesterday.The news buoyed the price of Vonage's stock amid optimism that the settlement would eliminate one of several clouds hanging over the company. Its shares jumped 123 percent to close at $2.57. The price is still down 63 percent for the year. Last month Vonage was ordered to pay $69.5 million in damages to Sprint after a jury found that the company had infringed on six of its patents. The settlement with Sprint includes a $35 million payment for the past use of patents, $40 million for future ...
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Article: Once a Pioneer, Vonage Looks to Stand Out Again
NJBIZ;
December 15, 2008 ;
700+ words
......Cingular Wireless, since rebranded as AT&T Wireless. Vonage's service has been less expensive and more consistent...providers, according to Beckert. Unlike other providers, Vonage's hardware can be hooked up anywhere high-speed Internet...access is available. "It moves with you," Beckert said Vonage ...
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