
Move over Verizon, 'cause Klausner Technologies wants a crack at the telecommunication whipping boy du jour, Vonage. In
yet another claim of patent infringement, Klausner, a patent holding company with 25 VoIP voicemail patents to its name, is seeking $180 million in damages and royalties to compensate the suffering endured by their private investors. This, after failing to convince Vonage to sign a licensing deal back in January like they did with Time Warner in April for the technology behind AOL Voicemail. And just in case you're taking odds on who'll sue whom next, Vonage just announced that it had acquired three unrelated VoIP patents for the compression of packetized digital signals allowing them to go after, and collect licensing fees from competitors like Motorola, Time Warner, Qwest, Sprint, and you guessed it, Verizon. Oh what a tangled web we weave.
Reader Comments (Page 1 of 1)
Ashley @ Jul 11th 2006 10:37AM
I wonder when companies themselves are going to get sick of this, and join us common people in the belief that it's stupidity. Surely it's not something a modern businessman wants to contend with?
Sean DL @ Jul 11th 2006 1:48PM
I expectwd the Telecommunication War to get nasty, and I'm glad to see that the digital side isn't just laying down and taking it from the landline side.
GhostDoggy @ Jul 11th 2006 8:02PM
Sean, what are you talking about? Vonage did terrible in its delayed IPO, is wrestling with pre-IPO buyers that failed to pay for the delimited stock, and now has more suits upon their back that absolutely no one will want the company when it crumbles to death.
If you are confident that Indie VoIP carriers can weather any kind of storm (Indie, not cable company based) then by all means buy their stock--they'll love for it.