Cisco Strikes $2.7M Deal With Innovatio In Wi-Fi Patent Row

Law360, Los Angeles (February 6, 2014, 8:08 PM EST) -- Networking equipment giant Cisco Systems Inc. has agreed to pay $2.7 million to end licensing claims brought against the company and its customers by Innovatio IP Ventures LLC in a closely watched case over standard-essential Wi-Fi patents, Cisco announced on Thursday.

The agreement comes after a federal judge in December signed off on Motorola Solutions Inc.'s settlement in the suit, in which Innovatio originally sought to force retailers to pay more than $2,000 per location for use of WiFi patents. Prior to Motorola’s deal, U.S. District...
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