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Vonage and Nortel agree to settle patent dispute

Vonage Holdings Corp. and Nortel Networks Inc. today announced that they have agreed in principle to end the litiga...


December 31, 2007  


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Vonage Holdings Corp. and Nortel Networks Inc. today announced that they have agreed in principle to end the litigation pending between them.

The contemplated settlement involves a limited cross license to three Nortel and three Vonage patents and will not call for any monetary payments by any party.

Claims relating to past damages and the remaining patents will be dismissed without prejudice. The settlement is subject to final documentation.

“We are pleased to resolve this issue and enter into a productive relationship with Nortel,” said Sharon O’Leary, chief legal officer with Vonage.