Palo Alto Networks, represented by Morrison & Foerster partner Michael Jacobs, agreed to pay Juniper Networks about $175 million to resolve pending suits.
May 28, 2014 at 06:17 PM
1 minute read
The original version of this story was published on The Recorder
SAN FRANCISCO — Palo Alto Networks Inc. will pay Juniper Networks Inc. about $175 million to establish a cease-fire in the companies’ bicoastal patent war.
Under the terms of a settlement announced Wednesday, the rival network security companies agreed to exchange licenses to the patents at issue and refrain from suing each other over other patents for eight years.
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