They are pretty clear on what they do: "Vringo, Inc. is engaged in the innovation, development and monetization of intellectual property and mobile technologies

They are pretty clear on what they do: "Vringo, Inc. is engaged in the innovation, development and monetization of intellectual property and mobile technologies" http://www.vringoip.com/cgi-bin/index.pl http://www.vringoip.com/cgi-bin/index.pl