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Stock Market & Financial Investment News

News Breaks
August 11, 2014
08:17 EDTVSAT, LORLLoral Space announces court overturns award in ViaSat suit, orders new trial
Loral Space & Communications (LORL) announced that the trial court on August 8 issued decisions on the post-trial motions filed in the breach of contract and patent infringement lawsuit brought by ViaSat (VSAT) against Loral and Loral's former subsidiary, Space Systems/Loral, or SSL. In its decisions, the court, finding that the jury's damages award resulted in a miscarriage of justice, vacated in full the $283M jury verdict against SSL. The court ordered that a new jury trial be held on the amount of damages and has tentatively scheduled the trial to proceed in November. The court deferred, until August 26, argument on ViaSat's motion seeking an injunction to prevent the manufacture and sale by SSL of additional satellites that infringe ViaSat's patents.
News For LORL;VSAT From The Last 14 Days
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March 3, 2015
09:12 EDTVSATViaSat acquires product and technology portfolio of EAI Design Services
ViaSat acquired the product and technology portfolio of EAI Design Services. EAI Design developed a family of IP cores and stand-alone encryption products for high-speed networking to 100 Gbps that extend boundary protection for data centers and corporate wide area networks. The staff of EAI Design has joined ViaSat, with founder Emil Isaakian leading the immediate integration of the technologies into ViaSat products, systems, and services.

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