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Forgent Settles JPEG Patent Cases 167

eldavojohn writes "As many of you know, the JPEG image compression is actually proprietary. This has resulted in many lawsuits between its owner, Forgent Networks, and other companies that have used it. Yesterday Microsoft and about 60 other defendants settled with Forgent to the tune of $8 million. For a company with annual revenues of $15 million, that's nothing to sneeze at. You haven't heard the last of Forgent yet, as the article states, 'It is currently pursuing claims against cable companies over a patent that it says covers technology inside digital video recorders.' Sounds like that one could be worth a little bit of cash, wouldn't you think?"

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