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Old 08-16-2014, 09:30 AM   #1
LXer
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LXer: After years of hype, patent troll Vringo demolished on appeal


Published at LXer:

Vringo's win over Google was one of the biggest and most public jury wins for a "patent troll" in recent years. It won $30 million from a jury verdict in 2012, far less than the half-billion-dollar verdict it was seeking.But last year, the judge overseeing the case revived Vringo's hopes, ordering Google to pay a running royalty amounting to 1.36 percent of US AdWords sales. Those additional payments could have been more than $200 million annually, pushing Vringo investors toward the billion-dollar payday they were pining for.

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