Starent paid ut Starcom $3.5 million to resolve patent disputes

Starent paid ut Starcom $3.5 million to resolve patent disputes.

You can refer to starent's official website:

 

Alameda, Calif ., and Tewksbury, Mass ., oct. 15,200 9-UTSTARCOM, Inc. (NASDAQ: utsi) and starent networks, Corp. (NASDAQ: Star) announced today that they have agreed to settle all legal disputes between the two companies. under the settlement, starent will make a one-time payment to UTSTARCOM in the amount of $3.5 million and receive a perpetual royalty-free license to UTSTARCOM patents.

 

 

The patented pre-paid Technology (prepaid billing) for pdsn devices in a CDMA Packet Exchange domain network ).

In, ut Starcom acquired 3Com's commworks business unit. Some of its main employees moved to starent, and then used some technologies, infringing on it...

 

This article on the itnews websiteArticleBackground:

Http://www.itnews.com/civil-lawsuits/9519/starent-settles-utstarcom-legal-disputes-35m