Microsoft Reaches $1M Deal In Vringo Search Engine IP Suit

Law360, New York (May 30, 2013, 4:05 PM EDT) -- Microsoft Corp. will pay at least $1 million to settle a New York federal suit brought by a unit of mobile technology company Vringo Inc., which accused Microsoft of infringing two patents related to a technology that helps search engines optimize advertisement placement, Vringo said Thursday.

The settlement with Vringo’s I/P Engine Inc., which also includes an agreement to license the patents-in-suit, comes six months after a Virginia jury awarded I/P Engine a $30 million judgment in a suit targeting Google Inc., AOL Inc. and three...
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