TiVo Shares Plunge; No Ruling in DISH Infringement Case
TiVo (TIVO) shares are down sharply late this afternoon, apparently on investor disappointment that the judge overseeing the company’s patent-infringement case against Dish Network (DISH) did not issue a ruling today in a dispute over whether DISH had violated an injunction issued earlier this year after the company had been found to be in violation of two TiVo patents.
Dow Jones Newswires reports that the two companies were in court today for a hearing on the issue. The wire service story notes that there was no decision today; ergo, DISH can (at least for now) continue to distribute the DVRs that are at the heart of the patent suit. TiVo has been asserting that the workaround for the patents in question that DISH has developed does not cure the patent infringement.
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