SiliconBeat

Tivo got its $104,600,472 payment from Echostar, now known as Dish Network, over violation of a patent held by TiVo involving digital video recorders, according to a filing it made today with the SEC. The judgement included $74 million in initial damages awarded by the United States District Court covering the period through Sept. 8, 2006, plus related interest through Wednesday, the day TiVo check arrived.

Earlier this week, the Supreme Court refused to disturb Read the rest of this entry »

Quantum, the San Jose storage firm, and Riverbed Technology, a San Francisco supplier of wide-area data service tools, settled patent litigation between them Tuesday. In exchange for an $11 million payment to Quantum, both companies entered into a “perpetual covenant not to sue” one another or their affiliates over patents related to “data de-duplication” over the next five years, according to an SEC filing.

Quantum filed suit against Riverbed in October 2007, and Riverbed filed a countersuit a month later. As part of the settlement announced Wednesday, both companies released each other from any and all claims in the matter.

Adept Technology, the Livermore maker of manufacturing robotics, is set to go to court Sept. 16 to try and stop its eviction from its headquarter facilities in the Tri-Valley Technology Center on Triad Drive, according to one of its SEC filings Wednesda. It’s landlord, who gave the company notice back in April that it wished to terminate its lease, and saying that the company owed it a $1 million “termination fee.” The July deadline came and went with Adept still occupying the space. A second termination notice was served giving the company until Aug. 26 to vacacte the premises, which Adept still has not done. Read the rest of this entry »

Con-Way, the San Mateo-based trucking firm, settled a dispute with the SEC Wednesday regarding  alleged  violations  of  the  Foreign Corrupt Practices Act, according to a regulatory filing. The dispute arose from the conduct of Emery Transnational, a Philippines-based joint venture that Con-Way later sold to UPS. In 2003, Con-way  became aware that the division may have made certain payments in violation of the act and promptly notified the SEC.

Con-way says that the SEC recognized its co-operation in the investigation in its order resolving the matter, and that it “acknowledged that Con-Way has taken remedial actions and enhanced its compliance program.

Immersion will pay a $20.75 million one-time payment to Microsoft to settle breach-of-contract charges the software giant brought against the San Jose developer and licensor of touch feedback technology in June 2007.

Microsoft alleged that Immersion breached a sub-license agreement executed in connection with the settlement in 2003 of Immersion’s claims of patent infringement against Microsoft in Immersion v. Microsoft, Sony. Microsoft maintained it was entitled to Read the rest of this entry »

3Com said in a filing today it has filed suit against Bain Capital Partners Thursday in an effort to collect a $66 million “termination fee” it says it is owed from the private equity firm after Bain terminated its planned acquisition of the former Silicon Valley company that’s now headquartered in Marlborough, Mass.

The $2.2 billion deal agreed to last September was terminated by Bain in March, a day before Read the rest of this entry »

Rambus said it intends to “reduce our current cost structure through actions which may include downsizing our workforce” after reporting a 25 percent drop in sales for its second quarter compared with the year-before quarter, according to its earnings release this afternoon.

The company’s net loss ballooned to Read the rest of this entry »