Zynga (ZNGA) Receives Favorable Verdict in Texas Patent Suit
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Zynga (Nasdaq: ZNGA) is trading higher today following a favorable lawsuit verdict.
According to Bloomberg, a federal Jury in Marshall, Texas, decided that Zynga didn't infringe on two patents owned by Personalized Media Communications. The patents in question centered around signals embedded in electronic media which allowed for personalized displays.
Zynga games potentially at risk with the suit included
Shares of Zynga are up 2.4 percent.
According to Bloomberg, a federal Jury in Marshall, Texas, decided that Zynga didn't infringe on two patents owned by Personalized Media Communications. The patents in question centered around signals embedded in electronic media which allowed for personalized displays.
Zynga games potentially at risk with the suit included
FarmVilleand
Words with Friends.
Shares of Zynga are up 2.4 percent.
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