Vonage May Have Solved Patent Dispute With A Workaround
The hemorrhaging VoIP provider Vonage announced today it may have developed a workaround technology that skits the patent spat that they are involved with telcom giant Verizon
“We will begin rolling these workarounds out shortly, hopefully in the next few weeks, and we believe they will work [...] Vonage’s new technology can be installed through software downloads and shouldn’t be costly to deploy, Citron said. The company will continue to appeal the court decision that requires it to pay Verizon damages for infringing patents on technology that translates Internet-based calls to standard lines.
That news helped Vonages stock price to close almost 3% up.
