Intellectual Property
Sep. 26, 2012
Irell helps TiVo collect more in patent settlements
Verizon Communications Inc. will pay more than $250 million to settle a patent lawsuit with TiVo Inc., which accused Verizon of infringing its digital recording technology.
By Saul Sugarman
Daily Journal Staff Writer
Verizon Communications Inc. will pay more than $250 million to settle a patent lawsuit with TiVo Inc., which accused Verizon of infringing its digital recording technology.
Verizon will pay $100 million in cash up front and another $150 million in payments until 2018, according to Los Angeles-based Irell $ Manella LLP, which represents TiVo.
Alviso-based Tivo has procured more than $1 billion in judgments and settle...
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