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Ericsson and Intellectual Ventures Sign License Agreement

Misc News - Published on Tue, 11 Jun 2019

Image Source: US News & World Report
Ericsson and Intellectual Ventures have signed a license agreement ending all patent infringement lawsuits between the companies, including a lawsuit that went to trial earlier this year and resulted in a USD 43 million jury verdict for Intellectual Ventures. Since 2012, Intellectual Ventures has filed a number of patent infringement lawsuits against Ericsson and its customers in the US and Europe seeking injunctions and monetary damages.
 
While the terms of the agreement are confidential, Ericsson expects a negative impact on operating income within Segment Networks in Q2 2019.

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Posted By : TelecomGuru on Tue, 11 Jun 2019
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