TiVo wins $73 million in EchoStar patent suit

TiVo said on Thursday it won a patent lawsuit against satellite television operator EchoStar for infringing on its patents for digital video recorders, sending TiVo shares up 20%.

Tivo said it would seek a permanent injunction against EchoStar Communications Corp.’s DVR products after a Texas jury awarded TiVo a little more than $73 million for lost profits and reasonable royalties.

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