Vonage Settles US Patent Disputey ; IN BRIEF

Oct 26, 06:02 PM

Current Headlines: INTERNET-based phone company Vonage says that it has settled a patent dispute with Vodafone's US partner Verizon. Vonage said the final terms of the settlement depend on a court of appeals decision on its petition for a rehearing on its patents, but the amount will be capped at $32 million (Pounds 15.6 million) in addition to $88 million already held in escrow..

(c) 2007 Evening Standard; London (UK). Provided by ProQuest Information and Learning. All rights Reserved.