AT&T to Pay $215 Million to TiVo
TiVo Inc. scored another major patent victory as AT&T Inc. agreed to pay the set-top box maker at least $215 million to settle litigation and acquire rights to use TiVo's intellectual property. The settlement, announced Tuesday, marks the latest gain from a string of lawsuits brought by the Alviso, Calif., company. TiVo, a pioneer in devices known as digital recorders, or DVRs, has long accused many of its rivals of violating its patents.
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