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April 13, 2011 04:17 pm GMT

Motorola And Huawei Settle Patent Lawsuit

In case you hadn't heard, Motorola Solutions and Chinese telecommunications company Huawei Technologies have been embroiled in a nasty patent lawsuit. In January, the Chinese company has filed a lawsuit to prevent Motorola from giving Nokia Siemens (which acquired Motorola's wireless network for $1.2 billion last year) Huawei's IP information. Today, Motorola and Huawei have issued a joint statement announcing that the two companies have settles all litigation. Both parties have agreed to withdraw and dismiss their claims from the courts. Huawei has actually entered an agreement with Motorola Solutions and Nokia Siemens that allows Motorola Solutions to transfer its commercial agreements with Huawei for a fee, and allows Nokia to receive and use Huawei confidential information revealed to Motorola. Financial terms of the deal were not disclosed. And Motorola is also dismissing a prior complaint filed against Huawei, which alleged that the Chinese company was conspiring to steal trade secrets from former Motorola employees.

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/g3mGJ3wUtaI/

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