PCTEL, Inc., a global leader in wireless broadband solutions, and USRobotics Corporation, a leader in Internet access and networking, resolved their dispute regarding the use of PCTEL's modem technology. Under the agreement, USRobotics will take a license to specific PCTEL modem patents. PCTEL will receive a lump-sum royalty payment, a cross-license to USRobotics patents and patent applications, and royalties in the future that can be satisfied with cash payments or product purchases. The exact terms of the agreement were not disclosed. "We welcome USRobotics as a licensee," said Marty Singer, PCTEL's Chairman and CEO. "USRobotics has a storied history as a global modem provider and we are pleased to have a positive relationship with them going forward. The settlement with USRobotics also permits us to focus our efforts on the remaining plaintiffs," added Singer. PCTEL sued USRobotics in 2003. Agere Systems Inc., Broadcom Corporation, Lucent Technologies Inc., and 3Com Corporation were also named in the patent infringement lawsuit. PCTEL claimed that all of these companies utilized critical modem technology protected by PCTEL's patents. Since filing the lawsuit, Broadcom, 3Com and USRobotics have settled with PCTEL.

Posted by GEN-ERIC at 02:54:51 am into the following categories: In The News

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