Brief: Network-1 announces settlement of patent litigation with Axis Communications
Aug 16 (Reuters) - Network-1 Technologies Inc NTIP.A :
* Network-1 announces settlement of patent litigation with
Axis Communications
* Network-1 Technologies - As part of settlement, Axis has
entered into settlement agreement, non-exclusive license
agreement for remote power patent
* Network-1 Technologies- Under terms of license, Axis to
receive fully-paid license to remote power patent for its full
term which expires in March 2020
Source text for Eikon: ID:nMKW4PGxra
Further company coverage: NTIP.A
((Bangalore.newsroom@thomsonreuters.com;))
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