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Vringo CTO changing roles, forming JV with company

Jun. 24, 2015 10:40 AM ETXWELL, Inc. (XWEL) StockXWELBy: Eric Jhonsa, SA News Editor30 Comments
  • Andrew Lang is stepping down as Vringo's (VRNG -3.3%) CTO, and also from the board. (8-K filing)
  • However, Lang will now have as position as Vringo's Head of Technology, and is forming a JV with the company in which he'll have a 49% stake. The JV aims to develop and commercialize "new technologies in the areas of mobile, security, digital currencies, and trusted computing and communication infrastructure."

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