Kudelski, Cisco patent agreement ends litigation
February 5, 2014
Digital security specialist The Kudelski Group has announced a multi-year patent cross-licence agreement with Cisco Systems under which the companies will license their respective patent portfolios to each other with certain restrictions.
“As it has done throughout its 60-plus year history, the Kudelski Group continues to invest heavily in innovation and the development of intellectual property,” said Joe Chernesky, Senior Vice President of Intellectual Property and Innovation at The Kudelski Group. “This agreement with Cisco represents further validation of our intellectual property portfolio while enabling a new area of collaboration between the two companies.”
In addition, the parties have resolved all pending litigation between the companies and Cisco will pay Kudelski Group an up front, lump sum payment.
Other posts by :
- Analyst: Deep dive on Starlink’s prospects
- Musk: “AI is inevitable”
- Airbus Space says business is booming
- AST SpaceMobile gets permission for giant factory
- Questions over AST SpaceMobile’s spending plans
- Bank: AST SpaceMobile is favoured
- Amazon Leo gains South Africa link
- Eutelsat wants an extra 528 satellites
- FCC approves orbital space mirrors