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SEVEN / Visto Dispute Ends Amicably
 TMCnet Contributing Editor
A three-year old patent dispute between Visto Corporation and SEVEN Networks has come to an end as the two companies have arrived at a friendly settlement, agreeing to dismiss all pending legal claims.
Visto offers a popular platform that allows operators to provide mobile email.
As per the settlement, SEVEN, a provider of mobile messaging, has acknowledged the validity and enforceability of Visto’s patent portfolio. SEVEN has also accepted the licensing terms including monetary and non-monetary considerations. In addition, SEVEN has bought the license to the Visto Patent Portfolio.
"We are delighted by today’s announcement. Visto’s patent portfolio, which had been previously validated by the USPTO and the Federal courts, is now further strengthened through this agreement with SEVEN,” said Brian Bogosian, chairman, president and CEO of Visto Corporation in a statement to the press.
“This resolution underscores the importance of Visto’s contributions to the mobile communications industry and our commitment to protecting the intellectual property that we developed over a decade ago,” also commented Bogosian.
Divya Narain is a contributing editor for TMCnet. To see more of her articles, please visit her columnist page.
Don't forget to check out TMCnet’s White Paper Library, which provides a selection of in-depth information on relevant topics affecting the IP Communications industry. The library offers white papers, case studies and other documents which are free to registered users. Internet Protocol (IP) | X | | IP stands for Internet Protocol, a data-networking protocol developed throughout the 1980s. It is the established standard protocol for transmitting and receiving data
in packets over the Internet. I...more |
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