ActiveVideo wins injunction against Verizon
November 24, 2011
A US Court has issued an injunction against Verizon Communications ordering the company to “cease and desist” from the continued, unlawful use of intellectual property belonging to ActiveVideo Networks.
The injunction is effective May 23, 2012. In the interim, Verizon must make monthly royalty payments of $2.74 per subscriber per month starting December 1, 2011.
The injunction follows the award by the jury in August of $115 million. That award was increased by the Court. To date ActiveVideo has been awarded a total of $139.1 million in damages, supplemental damages and interest.
ActiveVideo filed suit against Verizon in May, 2010, alleging that the Verizon FiOS television service infringed four patents for technology created, owned and used by ActiveVideo.
Other posts by :
- Crossroads backs AST SpaceMobile
- FCC examines SpaceX’s 15,000 sat-constellation plan
- EchoStar: “Severe uncertainty” led to spectrum sales
- Netflix gets downgrade on Warner Bros move
- UK trims Orbex investment
- Euro-bank sets up €500m space fund
- Revenue jump forecast for Eutelsat
- Moody’s upgrades Eutelsat’s debt rating
- Rivada Space Networks wins spectrum dispute
