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Ever since Apple introduced its iPhone, lawsuits against the product have going on. Happily for Apple, it has managed to reach an agreement with Cisco Systems. The networking company had held the iPhone name since 2000, and was a bit miffed at the new product - but it seems the two companies can share after all.
Late on Wednesday afternoon, Cisco and Apple officially announced an end to the feud over the trademark. That's right, iPhone-gate is over without a single shot being fired, no loss of life, and (oddly enough) both companies able to use the brand name.
The companies publicly stated a cessation of all litigation over the dispute in a joint statement, and promised to allow each enterprise to market its product worldwide. The financial terms for the agreement were not disclosed, but one can bet that it wasn't cheap for Apple. In what is likely a nod of favor to Cisco for dropping the suit, the statement also talked about a new partnership between the two firms, with Apple working to provide better integration with future Cisco products.
View at TechPowerUp Main Site
Late on Wednesday afternoon, Cisco and Apple officially announced an end to the feud over the trademark. That's right, iPhone-gate is over without a single shot being fired, no loss of life, and (oddly enough) both companies able to use the brand name.
The companies publicly stated a cessation of all litigation over the dispute in a joint statement, and promised to allow each enterprise to market its product worldwide. The financial terms for the agreement were not disclosed, but one can bet that it wasn't cheap for Apple. In what is likely a nod of favor to Cisco for dropping the suit, the statement also talked about a new partnership between the two firms, with Apple working to provide better integration with future Cisco products.
View at TechPowerUp Main Site