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General

Ericsson, Intellectual Ventures agree on end of all patent infringement lawsuits

Monday 10 June 2019 | 10:23 CET | News
Ericsson and Intellectual Ventures entered into a licence deal that ends all their patent infringement lawsuits, including a lawsuit that went to trial earlier in 2019 and resulted in a USD 43 million jury verdict for Intellectual Ventures. Since 2012, Intellectual Ventures filed a number of patent infringement lawsuits against Ericsson and its customers in the US and Europe seeking injunctions and monetary damages. While the terms of the agreement are confidential, Ericsson expects a negative impact on operating income within Segment Networks in Q2.

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Categories: General
Countries: World
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