TiVo Wins $193 Million In Patent Lawsuit Against EchoStar
TiVo Inc. has been awarded $190 million in damages for a patent lawsuit against DISH Network Corporation and EchoStar Corporation. U.S. District Judge David Folsom also told EchoStar that they are not allowed to infringe on all except around 193,000 digital video recorders for all of their subscribers.
EchoStar was told to pay $73.9 million along with $15.7 million in interest. On top of those amounts, EchoStar must also pay $103.1 million in damages plust interest accrued.
DISH and EchoStar plan to file an appeal with the court decision. DISH used to be known as EchoStar Communications Corporation before they spun off their technology assets about a year ago including the set-top box units. EchoStar Corp. was the result of the spin-off.
[via Reuters]This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at +AmitChowdhry