Vonage infringed Sprint patents, jury finds

VONAGE INFRINGED SPRINT PATENTS, JURY FINDS
[SOURCE: Reuters, AUTHOR: Ritsuko Ando]
A U.S. jury found that Vonage Holdings Corp had infringed patents owned by Sprint Nextel Corp and ordered the Internet phone company to pay $69.5 million in damages, triggering a 34 percent fall in its shares. Vonage said it would appeal the case, which was the second major patent lawsuit that the company has lost, after it was also found to have infringed patents belonging to Verizon Communications Inc earlier this year. "We are disappointed that the jury did not recognize that our technology differs from that of Sprint's patents," Sharon O'Leary, chief legal officer for Vonage, said in a statement. The loss-making Internet phone company said it believed any damages awarded were inappropriate, but said it would try to develop technology to work around Sprint's patents.
http://www.reuters.com/article/internetNews/idUSWEN124320070925

* Vonage ordered to pay Sprint $69.5 million in patent case
http://www.news.com/8301-10784_3-9784630-7.html

* Vonage Ordered to Pay Sprint $69.5M in Patent Suit
http://www.multichannel.com/article/CA6482745.html?rssid=196

* Sprint Wins Patent Case Against Vonage
http://www.washingtonpost.com/wp-dyn/content/article/2007/09/25/AR200709...

* Jury rules Vonage should pay $69.5M
http://www.usatoday.com/printedition/money/20070926/2b_vonage26.art.htm