Breaking News

SAMA Launches Exclusive Amazon Prime Day Deals on Flagship PC Cases and AIO Cooler Lineup Transcend Launches Ultra-Fast PCIe Gen5 SSD MTE260S Power Your World with DJI's New Portable Power Station Power 2000 G.SKILL CAMM2 DDR5 Memory Module Demonstrates DDR5-10000 Overclock Speed on ASUS Z890 Motherboard JCB Phone Launches New Rugged Smartphone Range to Power Global Expansion

logo

  • Share Us
    • Facebook
    • Twitter
  • Home
  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map

Search form

Cisco Reaches Agreement With Innovatio

Cisco Reaches Agreement With Innovatio

Enterprise & IT Feb 7,2014 0

Cisco has come to an agreement with patent firm Innovatio IP Ventures in a dispute over Wi-Fi standards. Cisco claimed that Innovatio was obligated to license the patents under reasonable and nondiscriminatory terms and that the majority of the businesses Innovatio was targeting were already licensed to use the patents.

Innovatio targeted over 170 million Cisco devices and sent over 14,000 letters in the first wave of an attack through which they asked for close to $4 billion by threatening with costly litigation.

Cisco, Netgear and Motorola, accused Innovatio of running a racket, and demanded a trial on the true value of those patents. The companies also demanded damages for the breach of the contractual obligations to license standard-essential patents on fair terms.

Chief Judge Holderman in the Northern District of Illinois did not allow the racketeering claim to move forward, but he determined that the patents had a collective value of approximately 10 cents per WiFi device. "Innovatio" later admitted that over 100 million of the devices they targeted were already licensed, and they agreed to license the remaining 85 million devices for a total of $2.7M, or less than 3.2 cents apiece.

Cisco said it spent $13 million on this litigation, not including the $2.7 M settlement.

Tags: cisco
Previous Post
Thermaltake Urban S1 and SD1 Micro Cases Released
Next Post
Sony To Close North American ebook Store

Related Posts

  • Cisco Announces $2.5B in Financing to Support Business Resiliency

  • Cisco Hopes to Simplify Security With New Cloud-Native Platform, SecureX

  • AMD President and CEO Lisa Su Joins Cisco's Board of Directors

  • Cisco Unveils Plan for Building Internet for the Next Decade

  • Cisco Gets Into Photonics With $2.6B Acacia Acquisition

  • Cisco Announces new Wi-Fi 6 Solutions

  • Cisco at MWC Barcelona

  • Cisco Sees More IP Traffic in the Next Five Years Than in the History of the Internet

Latest News

SAMA Launches Exclusive Amazon Prime Day Deals on Flagship PC Cases and AIO Cooler Lineup
Cooling Systems

SAMA Launches Exclusive Amazon Prime Day Deals on Flagship PC Cases and AIO Cooler Lineup

Transcend Launches Ultra-Fast PCIe Gen5 SSD MTE260S
PC components

Transcend Launches Ultra-Fast PCIe Gen5 SSD MTE260S

Power Your World with DJI's New Portable Power Station Power 2000
Consumer Electronics

Power Your World with DJI's New Portable Power Station Power 2000

G.SKILL CAMM2 DDR5 Memory Module Demonstrates DDR5-10000 Overclock Speed on ASUS Z890 Motherboard
PC components

G.SKILL CAMM2 DDR5 Memory Module Demonstrates DDR5-10000 Overclock Speed on ASUS Z890 Motherboard

JCB Phone Launches New Rugged Smartphone Range to Power Global Expansion
Smartphones

JCB Phone Launches New Rugged Smartphone Range to Power Global Expansion

Popular Reviews

be quiet! Light Loop 360mm

be quiet! Light Loop 360mm

be quiet! Dark Mount Keyboard

be quiet! Dark Mount Keyboard

Arctic Liquid Freezer III 420 - 360

Arctic Liquid Freezer III 420 - 360

be quiet! Light Mount Keyboard

be quiet! Light Mount Keyboard

Soundpeats Pop Clip

Soundpeats Pop Clip

Noctua NH-D15 G2

Noctua NH-D15 G2

Crucial T705 2TB NVME White

Crucial T705 2TB NVME White

be quiet! Light Base 600 LX

be quiet! Light Base 600 LX

Main menu

  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map
  • About
  • Privacy
  • Contact Us
  • Promotional Opportunities @ CdrInfo.com
  • Advertise on out site
  • Submit your News to our site
  • RSS Feed