Arista Networks to pay USD 400 mln to settle Cisco suits

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(Telecompaper) Cisco and Arista Networks have agreed to settle their legal dispute over IP protection. Arista will pay USD 400 million to Cisco to settle the existing disputes, and the companies agreed that, with limited exceptions, no new litigation will be brought over patents or copyrights related to existing products, for five years. In addition, for three years, they will use an arbitration process to address any patent issues regarding new products. 
Source: Industry News (syndicated from Telecompaper.com)

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