IMHO there is a very good chance that Microsoft is going to buyout VRNG so they can own the foundational search patents that VRNG is suing Google over. Microsoft could make Bing the top search engine if they owned these patents and didn't let Google use collaborative feedback data from search engine users in their algorithms. Microsoft would be dumb not to.
read up about the lawsuit and case.
do a search for 'Why Google Might be Going to 0" by James Altucher...great article
do a search for 'Mark Cuban Vringo' to see why he is VRNG investor
If Google doesn't settle or buyout google soon microsoft might swoop in and steal VRNG and own these core search patents. Google's whole business is at risk. this stock goes to $400 if Microsoft buys out vrng
Is it accumulating for MS? The way ON2 did, by acquiring Hantro, for Google?
Vringo and Nokia Execute Patent Purchase Agreement
Vringo to Acquire Over 500 Patents and Applications from Nokia
Press Release: Vringo, Inc. – 2 hours 9 minutes ago
NEW YORK--(BUSINESS WIRE)--
Vringo, Inc. (NYSE MKT: VRNG), a company engaged in the innovation, development and monetization of mobile technologies and intellectual property, today announced that it had entered into a Patent Purchase Agreement with Nokia Corporation pursuant to which Nokia agreed to sell Vringo a portfolio consisting of over 500 patents and patent applications worldwide, including 109 issued United States patents. Vringo agreed to compensate Nokia with a cash payment and certain ongoing rights in revenues generated from the patent portfolio.
The portfolio encompasses a broad range of technologies relating to cellular infrastructure, including communication management, data and signal transmission, mobility management, radio resources management and services.
Thirty one of the 124 patent families acquired have been declared essential by Nokia to wireless communications standards. Standards represented in the portfolio are commonly known as 2G, 2.5G, 3G and 4G and related technologies and include GSM, WCDMA, T63, T64, DECT, IETF, LTE, SAE, and OMA.
Yahoo blocking this report from 2003 for OBVIOUS reasons???
Lycos joins Google’s AdSense Network« Previous Article
Posted By Hollis Thomases on Sep 30th, 2003
“With the addition of Lycos, Google continues to add quality properties to the Google AdSense program,” said Omid Kordestani, senior vice president of Google’s Worldwide Sales and Field Operations. “As well as providing Lycos with an additional revenue opportunity and an enhanced experience for their users, Google enables its advertisers to reach some of the most valuable audiences on the web.”
In ON2 case there were a few Billionaires under the name on "intrepreneures" or something like that DIRECTLY/indirectly were are INVLOVED even if they publicly go into "war" against each other to fool:
What I'm affraid the "merger" of VRNG and I/P Inc. might be for just robbing USA shareholders through Reverse Merger ( "merginging" private company with public) in the day light and "legally." You need to check those involved to see when/how they were/are getting rid of their VRNG shares after announcement of "reverse-merger"? Is it a SHAM or real lawsuit?
Source: Converted Organics Inc.
Date: March 15, 2012
Innovate/Protect announced yesterday that it has entered into a merger agreement with Vringo, Inc. (NYSE Amex:VRNG), a provider of software platforms for mobile social and video applications. If the merger is consummated, subject to the terms of the merger agreement, the shares of Innovate/Protect owned by Converted Organics Inc. will be converted into 452,640 shares of common stock of Vringo, as well as approximately 181,000 warrants to purchase shares of Vringo common stock at an exercise price of $1.76 per share (subject to adjustment).
9/15/2011 @ 3:06PM |1,413 views
Google, AOL, Others Sued For Infringing Old Lycos Patents
And the great patent wars roll on.
This morning, a brand new patent troll “intellectual property firm” called Innovate/Protect Inc. filed a patent infringement suit against AOL, Google, IAC/Interactive, Gannett and Target. The case, filed in the U.S. District Court for the Eastern District of Virginia, and filed by an Innovate/Protect unit called I/P Engine Inc., alleges the defendants violated features of two patents related to relevance filtering technology.
“This technology is used in the search engine industry to produce better search results, and has also become the dominant technology used in search advertising to position high quality advertisements,” I/P Engine said in a statement.
I/P Engine earlier this year acquired a portfolio of patents from Lycos, which had obtained them via the acquisition of WiseWire in May 1998 for $39.75 million. WiseWire was founded by Andrew Lang and Donald Kosak, both of whom joined Lycos after the acquisition – and both of whom now are part of the I/P Engine management team. Lycos is currently owned by Ybrant Digital, a company based in Hyderbad, India.
“These patents, which we own, apply to relevance filtering techniques that are fundamental to the technology employed by the defendants in their highly profitable search business,” Lang, CEO of I/P Engine, said in a statement. “The defendants have infringed on our patents. We are committed to upholding our rights with respect to these patents. We have the resources and focus to assert our intellectual property.”
Note that according to a filing with the SEC, Innovate/Protect just raised $1.25 million in a private stock offering.
U.S. Patent and Trademark Office data shows that a group of eight patents this week were assigned to I/P Engine, and that the company was previously called Smart Search Labs.
you might find a few or one or two or ... of these involved in ON2 and vringo through different "rings" or "links" directly or indirectly. Just check their relations: in BOD assignment, in stock shares exchanging of a company, or having few TRUSTED CTOs or EXECs "planted" WITHING a company for a few dollars or a little more against BILLIONS of those companoies shareholders INVESTMENTs:
Hambrecht, Schmidt, Wendell, Doerr, Armstrong, Cuban, Icahn, of course I can say who is who but their ACTIVITES regarding ON2 need to be INVESTIGATED, if you have not started yet???
Equity Briefing: AOL Settles Vringo Patent Suit
Press Release: Equity Briefing – 1 hour 39 minutes ago
According to public filings, AOL has settled on their own Patent infringement suit with Vringo, Inc.(VRNG) but still remains a defendant in the Litigation against Google.
Now that the merger is complete, expert damages reports are expected to be filed with the court any day.
According to several publications, a settlement in favor of Vringo could be worth hundreds of millions of dollars in while a win could top over into the billions of dollars, but investors will have to wait until October 16, 2012 when Vringo is scheduled to go to trial on the larger case.
Google is foolish for not acquiring vrng. If msft buys out vrng then bing can become the dominant search engine. Msft would not have to license the ip/patents to google if they didn't want to. All of googles pay per click ads and free algorithmic search results totally rely on vrng patents to sort results
Vringo in NY today to ring the closing bell on NYSE. If MSFT swoops in and buys out VRNG it would be the worst thing to ever happen to google as MSFT would own the most important patents that run the google algorithm and sort ads and search results. BING could dominate search
Goog investors would be wise to read up on the vringo lawsuit vs google. Vringo owns the patents around how google sorts search ads and search results. Without the vrng patents goog is a $300 stock instead of $600