While publicly traded Vringo also has a "video ringtone" business, its financial statements describe its business as now being focused on patent assertion. The company has 28 full-time employees, has generated "no significant revenue to date," and had more than $10 million in legal expenses in 2012
Accepting those estimates, an extremely rough calculation suggests US AdWords revenue is somewhere in the range of $15 billion to $18 billion annually. If that's right, it would place the Vringo royalty win somewhere in the realm of $200 million to $250 million annually. The patents expire in 2016, and Google is liable from November 2012, which is the date final judgment was entered after the trial.
Vringo, Inc. collects money from patents, of which they have over 500 including applications. They cover telecom infrastructure, internet search, and mobile technologies. Vringo operates a global platform for the distribution of mobile social applications and services.[1]
Wow, that's crazy. The stock was only up 20% today though.
And Google just sold Motorola for $3 billion, when they paid like $13b. They held on to most of the patents, valuing the patents at $10 billion