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Settlement reached in patent dispute involving TiVo and Motorola

A patent lawsuit involving TiVo Inc and other businesses including Motorola Mobility, recently settled just days before the case was set to go to trial. As a part of the settlement TiVo will receive $490 million. The amount reached in the settlement was a surprise to many who believed that the amount would be much higher. One analyst previously indicated that he thought the settlement would be somewhere in the neighborhood of $1.7 billion.

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