TiVo settles patent case with Motorola Mobility, Bloomberg says

theflyonthewall.com

TiVo (TIVO) settled a patent lawsuit with Google's (GOOG) Motorola Mobility unit that was set to go to trial next week, reports Bloomberg, citing a clerk in the trial judge's chambers. Shares of TiVo spiked higher following the news, closing up $1.05, or 8.29%, to $13.71.

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