Vonage, Nortel shout a truce — no cash changing hands

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Although the press release issued to announce the settlement within 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 amoung ‘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.

 

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Original post by Darren Murph

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