Vonage, Nortel signal a truce — no cash changing hands

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Although the press release issued to announce the settlement amidst Vonage and AT&T earlier that month is still the shortest we’ve seen in all of 2007, we’re pretty positive the one doled out to trumpet the truce within Vonage and Nortel is holding down the two-spot. In just five wee sentences, we learn that

the two have agreed in principle to end the litigation pending amidst ‘em, and though no cash will be changing hands, the agreement does involve a limited cross license to three patents per firm. Way to put the past behind before entering into the new year, we say.

 

Read | Permalink | Orginal post by Darren Murph

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