Visto and Seven Settle Mobile Email Patent Dispute
Visto Corporation and Seven Networks say that they have entered into a settlement, which ends a three-year patent dispute between the parties. As part of the agreement, Seven has acknowledged the validity and enforceability of Visto's patent portfolio and has agreed to licensing terms including monetary and non-monetary considerations. Both companies will dismiss all pending legal claims in all jurisdictions.
"We are delighted by today's announcement. Visto's patent portfolio, which had been previously validated by the USPTO and the Federal courts, is now further strengthened through this agreement with Seven", said Brian Bogosian, chairman, president and CEO of Visto Corporation. "This resolution underscores the importance of Visto's contributions to the mobile communications industry and our commitment to protecting the intellectual property that we developed over a decade ago."
"We are pleased to have reached an agreement that resolves the dispute," said Ross Bott, president and CEO of Seven. "As we continue our efforts to innovate and add value for our customers, this agreement provides the licenses that are needed to protect their investments in the booming push email market.""
Posted to the site on 11th July 2007
