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Tuesday, August 16, 2005

Miva's Almost Out of the Woods

Miva got off cheap. With a one-time payment of $8 million and an agreement to license certain aspects of Yahoo technology, they've settled their patent dispute with Yahoo over paid search technology.

Miva, in about fourth or fifth place as a provider of keyword-based advertising, still has shakier financials than they would like. But it looks like they've turned the corner, after considerable energy wasted with restructuring and legal wrangling.

Posted by Andrew Goodman
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