Source: www.voip-news.com

Network-1 Security Solutions, Inc. has agreed to settle its court battle with NETGEAR. NETGEAR was accused of infringing on Network-1’s Remote Power Patent.

Under the settlement, NETGEAR will have a non-elusive license to the technology that runs through March 2020, paying quarterly royalties based on the sales of its Power over Ethernet products. Additionally, there will be an upfront payment of $350,000.

“We are very pleased that NETGEAR agreed to take advantage of the terms of our Special Licensing Program and become a licensee of our Remote Power Patent,” commented Corey M. Horowitz, Chairman and Chief Executive Officer of Network-1. “This outcome is consistent with Network-1’s goal of making licenses available to the technologies covered by the Remote Power Patent to the Power over Ethernet industry in a manner that promotes the widespread adoption of this important industry standard.”

According to Network-1:

The Remote Power Patent relates to, among other things, delivering power over Ethernet cables to remotely power network connected devices including, among others, wireless switches, wireless access points, RFID card readers, VoIP telephones and network cameras. In June 2003, the IEEE approved the 802.3af PoE Standard which led to the rapid adoption of PoE. The IEEE is currently working on the 802.3at Power over Ethernet Plus (PoE Plus) Standard which will increase the maximum power delivered to network devices to 40-60 watts from the current 15 watts under the 802.3af Standard.

Source: www.theregister.co.uk

Vonage and Nortel have agreed to settle their patent differences with an exchange of licenses, and no money changing hands, ending a year of litigation for Vonage and clearing the decks before 2008.

Claims of damages, lodged during the dispute, have also been dropped. The patents involved were originally owned by Digital Packet Licensing, and cover emergency service connections and click-to-call technologies. Vonage bought that company, which had lodged a complaint against Nortel in 2004, and was itself subject to a counter-claim earlier this year.

The agreement follows a string of deals with AT&T, Spring, Nextel and Verizon, all of whom have been involved in litigation with the company, though most of those involved Vonage paying the respective companies large amounts of money.

Now that those disputes are out of the way the VOIP company should be able to focus on building up its 2.7 million customer base, something it’ll need to do if it’s going to compete as a real telecommunications company.®

Source: voipcentral.org

Vonage has ended patent battle with AT&T and agreed to pay $39 million over five years as part of the settlement. It is the third major settlement by Vonage. The first two settlements were with Sprint Nextel and Verizon.

The American telecom giant, AT&T had sued Vonage last month in the U.S. District Court of the Western District of Wisconsin claiming illegal use of their wide-area packet technology system by the VoIP pioneer.

Vonage, which has now more than 2.2 million residential customers, has faced massive loss in the third quarter on account patent disputes with telecom companies. It agreed to pay $120 million to Verizon and $80 million to Sprint Nextel last month.

The latest settlement was done as Vonage declared their third quarter results. The company has conceded net loss of $168.8 million. It spent more than $133 million in legal battles.

Via: TMC Net

Image: CNN