Brocade Strikes Deal Over PACid Network Patents

Law360, New York (February 3, 2011, 2:20 PM EST) -- Brocade Communications Systems Inc. is the latest defendant to reach a settlement with PACid Group LLC over two aggressively asserted network encryption patents.

On Tuesday, Judge Leonard Davis of the U.S. District Court for the Eastern District of Texas dismissed infringement allegations against Brocade in light of a “release agreement” that resolves all differences over the patents.

Terms of the release agreement remain confidential, though each side will cover its own costs racked up since litigation commenced in July.

The agreement also lets drop infringement allegations...
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