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NTIP - Network-1 Technologies Inc News Story

$2.62 -0.0  -0.7%

Last Trade - 28/01/22

Sector
Consumer Cyclicals
Size
Micro Cap
Market Cap £47.5m
Enterprise Value £2.08m
Revenue £26.7m
Position in Universe 5801st / 7419

BRIEF-Network-1 says Mirror World settled patent litigation with Apple

Fri 8th July, 2016 9:40pm
July 8 (Reuters) - Network-1 Technologies Inc  NTIP.A : 
    * Network-1 Technologies Inc - Mirror World Technologies Inc 
agreed to settle its patent litigation against Apple Inc 
    * Network-1 Technologies Inc - under terms, Apple will 
receive a fully paid up non-exclusive license to '227 patent for 
its full term, which expired in 2016 
    * Network-1 Technologies Inc - under terms of agreement, 
Apple will also receive certain rights to other patents in 
Network-1's portfolio 
    * Mirror World Technologies Inc agreed to settle its patent 
litigation against Apple Inc. 
    * Network-1 Technologies Inc - Network-1 will receive $25 
million from Apple for settlement and fully paid up license 
 
Source text for Eikon:  ID:nPn7z6n0Ga  
Further company coverage:  NTIP.A  
 
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