Zynga (ZNGA) Receives Favorable Verdict in Texas Patent Suit
Tweet
Share
E-mailGet Alerts ZNGA Hot Sheet
Join SI Premium – FREE
Zynga (Nasdaq: ZNGA) is trading higher today following a favorable lawsuit verdict.
According to Bloomberg, a federal Jury in Marshall, Texas, decided that Zynga didn't infringe on two patents owned by Personalized Media Communications. The patents in question centered around signals embedded in electronic media which allowed for personalized displays.
Zynga games potentially at risk with the suit included
Shares of Zynga are up 2.4 percent.
According to Bloomberg, a federal Jury in Marshall, Texas, decided that Zynga didn't infringe on two patents owned by Personalized Media Communications. The patents in question centered around signals embedded in electronic media which allowed for personalized displays.
Zynga games potentially at risk with the suit included
FarmVilleand
Words with Friends.
Shares of Zynga are up 2.4 percent.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Jury finds Parse Biosciences willfully infringed 10x Genomics patents
- Zillow and Redfin settle FTC antitrust case over listing partnership
- Court awards Biohaven and Yale $4M in trade secret case
Create E-mail Alert Related Categories
Insiders' Blog, LitigationSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
