Internet Software and Services
Company Overview of IAC Search & Media, Inc.
IAC Search & Media, Inc. operates a question and answer Website. It offers online information search services. The company also provides mobile applications for iOS and Android devices. IAC Search & Media, Inc. was formerly known as Ask Jeeves, Inc. and changed its name to IAC Search & Media, Inc. in February 2006. The company was founded in 1996 and is based in Oakland, California. As of March 21, 2005, IAC Search & Media, Inc. operates as a subsidiary of IAC/InterActiveCorp.
555 12th Street
Oakland, CA 94607
Founded in 1996
Key Executives for IAC Search & Media, Inc.
Executive Chairman of The Board
Senior Vice President of Financial Planning and Analysis
Compensation as of Fiscal Year 2015.
IAC Search & Media, Inc. Key Developments
Court Favors I/P Engine in Ongoing Patent Dispute with Google, AOL, IAC Search & Media, Gannett and Target
Jan 24 14
A district court issued an order favoring Vringo Inc. unit I/P Engine Inc. in its patent litigation against AOL Inc., Google Inc., IAC/InterActiveCorp's IAC Search & Media Inc., Gannett Co. Inc. and Target Corp. In the order, the court found that Vringo is entitled to ongoing royalties, as a "design-around" used by the defendants is "nothing more than a colorable variation of the system adjudged to infringe". The court deferred ruling on the royalty rate pending the parties' settlement conference. In a November 2012 decision, a jury upheld the validity of Vringo patents and recommended that five companies, including Google and AOL, pay about $30.5 million in aggregate damages for infringement. I/P Engine also sought higher royalties and damages in the patent dispute with the defendants. Meanwhile, in an order dated Jan. 3, the court ordered that I/P Engine recover an additional sum of about $17.3 million from the defendants for supplemental damages and prejudgment interest.
Vringo, Inc. Announces District Court Ruling on its Wholly-Owned Subsidiary I/P Engine, Inc
Aug 16 13
Vringo, Inc. announced the District Court has issued a ruling on its wholly-owned subsidiary I/P Engine, Inc.'s Motion for an award of Post-Judgment Royalties in its litigation against AOL, Inc., Google, Inc., IAC Search & Media, Inc., Gannett Company, Inc., and Target Corporation. In the Order, the District Court found that I/P Engine is entitled to an award of a post-judgment royalty, and that additional discovery and briefing is necessary to determine the precise amount of the royalty.
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