Brief: Network-1 posts settlement of patent litigation with Juniper Networks
03/11/2017 12:15
Nov 3 (Reuters) - Network-1 Technologies Inc NTIP.A
* Network-1 announces settlement of patent litigation with
Juniper
Networks, Inc.
* Network-1 Technologies Inc - agreed to settle patent
litigation
against Juniper Networks Inc for infringement of Network-1's
remote power patent
* Network-1 technologies - juniper will pay $13.25 million
and
receive fully-paid license to remote power patent for full term
which expires in march 2020
Source text for Eikon: ID:nMKWd7fV9a
Further company coverage: NTIP.A
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