20.11.2014 15:55 Uhr, Quelle: MacNN

Cisco preparing to pay $188M to Apple-led Rockstar Consortium

Cisco is likely preparing to pay a $188 million pre-tax charge to settle a lawsuit brought against it by Rockstar, the Apple-led patent holding firm born out of the remains of Nortel Networks. The company recent mentioned a $188 million payout in an earnings call. The connection to a settlement can be made as Cisco has asked the judge in the lawsuit to stay litigation because it has signed a "term sheet" with Rockstar.

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