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Network-1 Announces Settlement of Patent Litigation With Juniper Networks

08-Nov-2017 | Source : AG-IP News | Visits : 316
NEW YORK, NY - Network-1 Technologies Inc. announced in a press release that it agreed to settle its patent litigation against Juniper Networks Inc. pending in the United States District Court for the Eastern District of Texas, Tyler Division, for infringement of Network-1's Remote Power Patent (US Patent No. 6,218,930). Juniper was one of sixteen (16) original defendants (and affiliated entities) named in the litigation.

Under the terms of the settlement, Juniper will pay $13,250,000 and receive a fully paid license to the Remote Power Patent for its full term which expires in March 2020, which will apply to its sales of Power over Ethernet ("PoE") products, including those PoE products which comply with the Institute of Electrical and Electronic Engineers ("IEEE") 802.3af and 802.3at Standards.

In September 2011, Network-1 initiated patent litigation against sixteen (16) data networking equipment manufacturers (and affiliated entities) in the United States District Court for the Eastern District of Texas, Tyler Division, for infringement of its Remote Power Patent. Network-1 has now reached settlement and license agreements with fifteen (15) of the sixteen (16) original defendants. The sole remaining defendant in the lawsuit is Hewlett-Packard Company. Network-1 seeks monetary damages based upon reasonable royalties. The trial against Hewlett-Packard is scheduled to commence on November 6, 2017.

The Remote Power Patent relates to, among other things, delivering power over Ethernet cables to remotely power network connected devices including, among others, wireless switches, wireless access points, VoIP telephones and network cameras. In June 2003, the IEEE approved the 802.3af PoE Standard, which led to the rapid adoption of PoE. The IEEE also approved the 802.3at Power over Ethernet Plus (PoE Plus) Standard, which increased the maximum power delivered to network devices to 40-60 watts from the current 15 watts under the 802.3af Standard.

Network-1 currently has twenty-seven (27) license agreements with respect to its Remote Power Patent, which include, among others, license agreements with Cisco Systems, Inc., Netgear Inc., Alcatel-Lucent USA, Sony Corporation, Shoretel Inc., Microsemi Corporation, Motorola Solutions, Inc., NEC Corporation, Samsung Electronics Co., Ltd., and several other data networking vendors.
 
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