Roku Wins $41 Million Patent Infringement Case
Roku (NASDAQ: ROKU) has not infringed any intellectual property. The latter claimed through his law firm that his opponent "made hundreds of millions of dollars in sales and profits selling streaming media players and smart TVs across the country that incorporate MV3's patented mobile streaming invention that allows users to stream content streaming from cell phones to televisions - all without payment to or license from MV3. ”A lawyer for that firm, Jonathan Waldrop, said MV3's lawsuit was part of a broader effort to seek compensation for its technology from major streaming hardware manufacturers to obtain.
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