TiVo (TIVO) announced that the U.S. Patent and Trademark Office has “reaffirmed the validity of all claims” of its Time Warp patent, which was being re-examined at the request of EchoStar (SATS).
“This decision by the PTO is final and not appealable by EchoStar,” the company said. “Today�s decision further validates our IP and brings us closer to ending EchoStar�s ongoing infringement.” (Actually, the company that is really affected is not EchoStar, but its corporate cousin, Dish Network (DISH).) “Moreover, we remain confident that the United States Court of Appeals for the Federal Circuit will uphold and enforce an injunction against EchoStar�s ongoing willful infringement of the Time Warp Patent.”
TIVO is up 86 cents, or 9.4%, to $10.05.
DISH is down 49 cents, or 2.5%, to $19.14.
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