Vonage Settles Patent Dispute With Nortel

Law360, New York (January 2, 2008, 12:00 AM EST) -- Vonage Holdings Corp. revealed Monday that it has reached an agreement with Nortel Networks Corp. to put to rest a patent dispute between the two companies.

The settlement does not involve any monetary payments by either company, according to Vonage. As part of the deal, the two companies agreed to cross-license three Nortel and three Vonage patents.

All claims relating to the remaining patents in dispute and past damage claims will be dismissed without prejudice, Vonage said. The settlement has been agreed to in principle and...
To view the full article, register now.