<http://www.networkworld.com/newsletters/converg/2007/1029converge1.html>
Vonage also announced last Friday that it had settled its patent
dispute case with Verizon. The final cost of the settlement will
depend on how an appeal is decided by the Court of Appeals. According
to a prepared statement, "if Vonage wins a rehearing on either the
'574 or '711 patent, or if the injunction is vacated as to the '574
or '711 patent, Vonage will pay Verizon $80 million. If Vonage does
not win a rehearing on either the '574 or '711 patent, or if the stay
is lifted reinstating the injunction, Vonage will pay $120 million,
which includes $2.5 million payable to certain charities."
[MORE]
--
Best regards,
John Navas <http:/navasgroup.com>
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