8×8 Secures 76th Patent, This One for Virtual Extensions

Shares of 8×8 Inc. (EGHT) stock had jumped more than 4 percent in early afternoon trading after the company announced it has secured another patent – eight years after applying for the protection.

The business VoIP provider said the U.S. Patent Office granted a patent called “Virtual Telephone Extension.” The patent number is 7,684,554.

The technology in question routes communications through a user identifier that serves as a virtual extension number, 8×8 said. That way, users can direct their calls to the device of their choice, no matter where they are located.

So far, 8×8, which was founded in 1987, has racked up 76 patents. This latest patent contains 20 claims and was filed in 2002.

8×8’s shares had ballooned 4.32 percent by 12:43 p.m. Eastern on Wednesday, trading at $1.38.

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