Cisco Aktie
WKN: 878841 / ISIN: US17275R1023
04.05.2015 12:52:11
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Spherix Files Addl. Complaint Against Verizon And Cisco
(RTTNews) - Spherix Inc. (SPEX) said that on May 1, 2015, it filed an action against both Verizon and Cisco Systems, Inc. in the U.S. District Court for the Eastern District of Virginia, alleging that Verizon and Cisco infringe eight Standard-Essential Patents owned by Spherix.
Standard-Essential Patents cover technology that is required to implement a technology standard set by a Standard Setting Organization. Spherix's Standard Essential Patents relate to aspects of IEEE standards 802 and virtual local area network (VLAN) tagging on a network. VLAN tagging is used to help direct data flow over a network. The new suit is in addition to the suits already on file against Verizon in Virginia and Cisco in Delaware, and it involves different patents.
On April 30, 2015, Spherix dismissed its action against T-Mobile, brought originally on August 1, 2013 in the U.S. District Court for the Middle District of Florida for infringement of one patent. The dispute between the parties has been resolved, and the case was dismissed without prejudice, with each side to pay their own attorney and court fees and expenses. Any additional terms are confidential.

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Cisco Inc. | 52,24 | -0,51% |
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