Help Desk -
9717405332, 9810335381
704-B, Millennium Plaza, Sushant Lok-I, Gurgaon

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.

Source :

Posted By : TelecomGuru on Tue, 11 Jun 2019
Related News from Misc segment