Saturday, July 22, 2006

Boston Communications settles patent case; stock goes up

Reuters: Boston Communications Group Inc.'s share price more than doubled July 21, 2006 after the company said it will pay $55.3 million to Freedom Wireless Inc. to settle a patent litigation.

The BCI case had been one in which the patentee, Freedom Wireless, had been depicted as a patent troll. Some will view this as a smaller version of the NTP v. RIM case.


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