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April 14, 2011 05:34 am EDT
After months of fighting on the playground, Motorola and Huawei have finally come to an agreement to settle their differences once and for all. Both parties have now dropped their pending lawsuits, with Motorola originally accusing Huawei of stealing trade secrets from its former employees, and later on Huawei getting all worried about Motorola leaking confidential information over their partnership to the rivaling Nokia Siemens Networks. The new agreement will now allow Motorola "transfer its commercial agreements with Huawei to NSN for a fee," which would then permit NSN use this info to service Motorola's networks that utilise Huawei's equipment. Aww, isn't it nice when money solves everything? Press release after the break.
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Original Link: http://www.engadget.com/2011/04/14/motorola-and-huawei-drop-pending-lawsuits-enter-into-new-info-s/
Motorola and Huawei drop pending lawsuits, enter into new info-sharing agreement
After months of fighting on the playground, Motorola and Huawei have finally come to an agreement to settle their differences once and for all. Both parties have now dropped their pending lawsuits, with Motorola originally accusing Huawei of stealing trade secrets from its former employees, and later on Huawei getting all worried about Motorola leaking confidential information over their partnership to the rivaling Nokia Siemens Networks. The new agreement will now allow Motorola "transfer its commercial agreements with Huawei to NSN for a fee," which would then permit NSN use this info to service Motorola's networks that utilise Huawei's equipment. Aww, isn't it nice when money solves everything? Press release after the break.Continue reading Motorola and Huawei drop pending lawsuits, enter into new info-sharing agreement
Motorola and Huawei drop pending lawsuits, enter into new info-sharing agreement originally appeared on Engadget on Thu, 14 Apr 2011 01:34:00 EDT. Please see our terms for use of feeds.
PermalinkBGR | ||CommentsOriginal Link: http://www.engadget.com/2011/04/14/motorola-and-huawei-drop-pending-lawsuits-enter-into-new-info-s/
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