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Old 01-29-2014, 06:20 AM   #1
LXer
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LXer: Court: Google infringed patents, must pay 1.36 percent of AdWords revenue


Published at LXer:

Vringo is a tiny company that purchased some patents from Lycos, an old search engine, in 2011 and then used those patents to sue Google. In December 2012, Vringo won $30 million in a jury trial, but that was far less than the hundreds of millions it was seeking.Today, Vringo got the payout it was looking for: a 1.36 percent running royalty on US-based revenue from AdWords, Google's flagship program.

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