Brief: Network-1 announces settlement of patent litigation with Dell
05/08/2016 13:45
Aug 5 (Reuters) - Network-1 Technologies Inc NTIP.A
* Network-1 announces settlement of patent litigation with
Dell, Inc.
* Network-1 Technologies Inc - under terms of settlement,
dell will license remote power patent for its full term which
expires in March 2020
* Network-1 Technologies - under terms, Dell will pay
license initiation fee of $6 million for past sales of power
over ethernet products, ongoing royalties
Source text for Eikon: ID:nPn5XysQja
Further company coverage: NTIP.A
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