9th Co. Exits Finoc Broadband Data Patent Suit

Law360, New York (June 10, 2009, 12:00 AM EDT) -- Finoc Design Consulting Oy has settled claims that SMC Networks Inc. infringed a patent for broadband data transmission technology, leaving the suit with only six of the 15 companies the Finnish electronics firm originally sued.

Judge Leonard Davis of the U.S. District Court for the Eastern District of Texas signed off on the bid to dismiss SMC from the suit with prejudice on Tuesday after the two sides told the court they had settled the entire dispute between them.

Both sides are to pay their own...
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