SeaChange Loses Patent Battle With nCube
Caught flat-footed by an adverse jury verdict, video-on-demand firm SeaChange International (SEAC Quote) postponed its first-quarter financial release Wednesday night.
SeaChange CEO Bill Styslinger said Wednesday's ruling in a patent infringement suit filed by rival nCube "could be substantial" in the short run, but the company wouldn't be able to calculate the impact on the latest quarter's earnings until next week at the earliest.
Separately, Diva Systems, a privately held company that, like SeaChange, supplies VOD technology to cable system owners and other network operators, filed for bankruptcy protection with a "prepackaged" plan, in which its assets will be acquired by interactive program guide company Gemstar-TV Guide International (GMST Quote). ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,293.83 | 1,094.05 | 2,180.44 | 33.90 |
Oil *
75.64
|
|
DOWN
96.28
|
DOWN
9.20
|
DOWN
9.17
|
DOWN
0.58
|
10 Yr
3.39%
SPDR Gold
111.92
|
|
-0.93%
|
-0.83%
|
-0.42%
|
-1.68%
|
Data delayed 20 minutes |
Connect with TheStreet