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VRNG Stock - Vringo, Inc.


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Vringo, Inc (VRNG) was a company engaged in developing software solutions for mobile video entertainment and personalization. The company was founded in 2006 and was based in New York City, New York.

Vringo's main product was a mobile video ringtone application that allowed users to create and share video ringtones, wallpapers, and other multimedia content. The company also had a patent licensing division that licensed its patents related to mobile technology to other companies in the industry.

Vringo went public in 2010 through a reverse merger with a publicly traded shell company. In the years following its IPO, the company struggled to generate significant revenue and was involved in several legal battles over its patents.

In 2012, Vringo acquired a portfolio of patents related to search engine technology from Nokia. The company sued Google and several other companies, claiming infringement of these patents. In 2016, Vringo settled its patent litigation with Google for $21 million.

In 2016, Vringo changed its name to FORM Holdings Corp and shifted its focus to acquiring and developing businesses in the technology, media, and entertainment sectors. However, the company continued to struggle financially and filed for bankruptcy in 2019.

As of 2023, the company is no longer publicly traded and is considered defunct.



 

 
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