Internet Patents Corp. announced Thursday that its Prism Technologies subsidiary won a $30 million jury verdict against telecom company Sprint Corp.
The award follows a six-day jury trail in Omaha, Neb., where Prism is based.
Internet Patents (Nasdaq: PTNT) is based in Folsom. In March of this year, Internet Patents completed a $16.5 million acquisition of Prism Technologies LLC.
“The can appeal it, or they can accept it,” said Greg Duman, president of Prism. He declined further comment.
Clearly,…
Biyernes, Hunyo 26, 2015
Jury awards Internet Patents subsidiary $30M in patent case with Sprint
Internet Patents Corp. announced Thursday that its Prism Technologies subsidiary won a $30 million jury verdict against telecom company Sprint Corp.
The award follows a six-day jury trail in Omaha, Neb., where Prism is based.
Internet Patents (Nasdaq: PTNT) is based in Folsom. In March of this year, Internet Patents completed a $16.5 million acquisition of Prism Technologies LLC.
“The can appeal it, or they can accept it,” said Greg Duman, president of Prism. He declined further comment.
Clearly,…
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