Submission + - Vonage Ordered to Pay Verizon $58M
An anonymous reader writes: A jury ordered Internet phone provider Vonage Holdings Corporation to pay $58 million for infringing on three patents owned by Verizon Communications Inc. Thursday. The eight-member federal jury also said Vonage must pay a 5.5 percent royalty rate on Vonage sales going forward. Jurors concluded that Vonage infringed on two patents covering technology to connect Internet calls to the traditional phone system and also infringed on a third patent involving wireless Internet phone calls.
U.S. Judge Claude Hilton set a March 23 hearing on whether he should issue an injunction barring Vonage's use of the technologies covered by the patents.
U.S. Judge Claude Hilton set a March 23 hearing on whether he should issue an injunction barring Vonage's use of the technologies covered by the patents.