TiVo Reaches Settlement with Motorola, Cisco and Time Warner in Patent Lawsuit

Submitted by patentadmin on Fri, 06/07/2013 - 22:02

June 7, 2013 - Just in time to avoid a trial that was scheduled to begin in one week in a Texas federal court, TiVo settled its patent litigation with Cisco, Motorola Mobility and Time Warner. Under the settlement, TiVo will receive a lump-sum payment of $490 million from Google and Cisco, with Cisco being responsible for $294 million of that sum.

TiVo will also enter patent licensing agreements with Cisco, Google and Arris Group Inc. - which bought Motorola Mobility's set-top making unit from Google earlier this year.

The patents-at-suit cover TiVo's digital video recorder technology.