Patent Holder Awarded 1.36% Of Google's AdWords Revenue

Jan 30, 2014 • 8:27 am | comments (3) by twitter Google+ | Filed Under Google News & Finances
 

google adwords legalYou may have heard that Google was ordered to pay a patent troll 1.36% of their AdWords revenue between 2012 to 2016. That comes out to about $1 billion or so.

Greg Sterling at Search Engine Land wrote that Google will appeal, of course.

The company awarded the money is named Vringo, a subsidiary of I/P engine, based in New York. Google was already ordered to pay $15.8 million in 2012 but Vringo is looking for ongoing royalties.

Here is the court document:

Forum discussion at WebmasterWorld.

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Comments:

Tian_Mian

01/30/2014 04:03 pm

Patent troll? Every human being in the world would sue Google if he had the patent and the possibility to get one BILLION friggin' dollars out of it.

jnffarrell1

01/30/2014 06:52 pm

Reductio Ad Adsurdam. Will verdict stand after appeal? We'll see.

Josh Zehtabchi

01/31/2014 04:37 pm

They were just hit by Penguin and looking for payback.

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