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NTIP - Network-1 Technologies Inc News Story

$2.62 0.0  0.0%

Last Trade - 21/01/22

Sector
Consumer Cyclicals
Size
Micro Cap
Market Cap £46.4m
Enterprise Value £1.69m
Revenue £26.3m
Position in Universe 5857th / 7395

BRIEF-Network-1 announces settlement of patent litigation with Dell

Fri 5th August, 2016 1:45pm
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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