Vonage, Nortel settle patent beef

This time, remarkably enough, Vonage doesn't have to write a big, fat check. The companies have agreed to cross-license three patents from the portfolios of each, according to Associated Press, thus ending legal hostilities initiated by Nortel earlier this month.

And while the story doesn't say so specifically, we're going to presume that Vonage's contributions to the deal involve technology that the company actually owns.

Already this year, Vonage has settled patent disputes costing the company more than $200 million with AT&T, Sprint Nextel, and Verizon. Even a defunct company, SunRocket, has found cause to sue Vonage.

Vonage's stock was up 7 percent to $2.14 on the Nortel news.

Join the Network World communities on Facebook and LinkedIn to comment on topics that are top of mind.
Related:
Must read: Hidden Cause of Slow Internet and how to fix it
Notice to our Readers
We're now using social media to take your comments and feedback. Learn more about this here.