Last $3.32 USD
Change Today +0.02 / 0.61%
Volume 28.0K
VRNG On Other Exchanges
As of 9:40 AM 07/24/14 All times are local (Market data is delayed by at least 15 minutes).

vringo inc (VRNG) Snapshot

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52 Week High
01/29/14 - $5.45
52 Week Low
09/24/13 - $2.61
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vringo inc (VRNG) Details

Vringo, Inc., together with its subsidiaries, develops, acquires, licenses, protects, and monetizes intellectual property worldwide. Its intellectual property portfolio consists of approximately 500 patents and patent applications covering telecom infrastructure, Internet search, and mobile technologies. The company is headquartered in New York, New York.

18 Employees
Last Reported Date: 03/10/14

vringo inc (VRNG) Top Compensated Officers

Chief Executive Officer and Director
Total Annual Compensation: $385.0K
Chief Operating Officer, Secretary and Direct...
Total Annual Compensation: $385.0K
Chief Legal and Intellectual Property Officer
Total Annual Compensation: $300.0K
Compensation as of Fiscal Year 2013.

vringo inc (VRNG) Key Developments

ZTE Issues Update on Global Patent Invalidation Action Against Vringo

ZTE Corporation announced that the Patent Re-examination Board of the State Intellectual Property Office of the People's Republic of China is reviewing applications from the company to invalidate 32 patents claimed by Vringo Inc. and its subsidiaries. Further applications to invalidate the patents claimed by Vringo entities will be filed by ZTE to the Patent Re-examination Board. ZTE has also initiated patent invalidation litigations against Vringo in courts in the United Kingdom, Germany and Australia.

Vringo, Inc. Selects KPMG LLP as Auditors

Vringo, Inc. announced at the AGM held on June 11, 2014, the shareholders selected KPMG LLP, as the company's independent registered public accounting firm for the fiscal year ending December 31, 2014.

Investor Sues Vringo over Executive Salaries

Vringo Inc. sued by an investor claiming excessive executive pay resulted in corporate waste. Mason Chu, the investor, accused directors of "blatant self-dealing" in awarding themselves "unusually high average" pay of $900,000 each. CEO Andrew Perlman received $7.2 million in total compensation for that year, Chu said in the lawsuit, which was filed in Delaware Chancery Court.


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Valuation VRNG Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 209.2x
Price/Book 2.6x
Price/Cash Flow NM Not Meaningful
TEV/Sales 191.2x

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