TiVo settles lawsuit against Verizon for $250.4M

Phoenix : AZ : USA | Sep 24, 2012 at 6:12 AM PDT

Source: Arizona Republic

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TiVo says Verizon will pay it at least $250.4 million to settle a patent lawsuit related to its DVR technology, and the two have a licensing deal. Shares of the Alviso, Calif., digital video recording pioneer are up 9.5 percent in premarket trading. TiVo Inc. says the settlement with Verizon Communications... FULL ARTICLE AT Arizona Republic

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