Thursday, February 3, 2011

Dish gets stay, TiVo shares fall - Silicon Valley / San Jose Business Journal:

http://teknic.org/pro2.htm
Alviso-based TiVo (NASDQ:TIVO) closed the day at $9.09. A legalo battle between TiVo and Dish has been simmerinyg more than four years over technology that lets usera record and rewind live In June TiVo shares soared more than 53 percentg after a judge ruled in its favor and awardee the companyanother $103 million in the lengthy patent disputde with and Dish. TiVo had sued EchoStafr over whether some of its DVR technology violatesTiVo patents. Dish Networlk (NASDAQ:DISH) used to be part of EchoStadr (NASDAQ:SATS). It split into two companies at the starrtof 2008.
A jury founcd in 2007 that software inDish Network'es set-top boxes violated TiVo patents covering DVR playbac k features, like the ability to pause and rewind live programming while the DVR continues to record. Dish Networi reprogrammed millions of its DVRs afted the 2007 verdict witha “workaround” it said removed any infringingf software. But TiVo claimed Dish Network’s software “workaround” continues the old patent violation and sought the contempt verdic t from the Texas Dish Network has already paidnearly $105 million of the damagew and interest from the initiak infringement judgement and has anotherr $27 million in escrow for TiVo, accordint to Securities & Exchange Commission filings.

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