SCHAUMBURG, Ill. and WOODBURY, N.Y., Dec. 8, 2010 /PRNewswire/ -- The Motorola Solutions business of Motorola, Inc. (NYSE: MOT) and Janam Technologies LLC (www.janam.com), announced today that Motorola – together with its subsidiary, Symbol Technologies, Inc. – and Janam have reached an agreement that settles all outstanding intellectual property disputes between the two companies.
In 2008, Symbol Technologies, Inc. filed a patent infringement lawsuit against Janam for infringement of patents related to mobile computing technologies. The agreement today ends all pending litigation.
Under the settlement agreement, Janam has taken a royalty-bearing license under Symbol's patents in the fields of mobile computing, wireless technology and laser- and imaging-based barcode scanning for finished mobile computing terminals. Future releases of Janam's mobile computing terminals may be added to the agreement, subject to Motorola's approval. With this settlement, Motorola has dismissed the pending litigation against Janam, and Janam acknowledges the strength of Motorola's intellectual property in these technologies.
The specific terms of the settlement are confidential.
Ron Goldman, co-founder and board member, Janam
"We are delighted to put this legal dispute behind us, and we believe the royalties due to Motorola under the settlement are reasonable given Motorola's vast patent portfolio."
Bob Sanders, senior vice president, Enterprise Solutions and Wireless Network Solutions, Motorola Solutions
"We are pleased to have reached an amicable business resolution outside the courts. This settlement adds Janam to the very long list of Symbol licensees and validates yet again the strength of Symbol's pioneering intellectual property based on decades of R&D investment and innovation."
Motorola is known around the world for innovation in communications and is focused on advancing the way the world connects. From broadband communications infrastructure, enterprise mobility and public safety solutions to mobile and wireline digital communication devices that provide compelling experiences, Motorola is leading the next wave of innovations that enable people, enterprises and governments to be more connected and more mobile. Motorola (NYSE: MOT) had sales of US $22 billion in 2009. For more information, please visit www.motorola.com.
Janam Technologies LLC is a provider of rugged, handheld computing devices for mobile workers. Janam combines deep industry knowledge with advanced technologies to deliver products and accessories that increase productivity, reduce costs and improve customer satisfaction. Specializing in purpose-built mobile computers that scan barcodes and communicate wirelessly, Janam offers products that are designed to run mission-critical applications in retail, healthcare, hospitality, manufacturing and logistics. For more information, visit www.janam.com.
Industry Analyst Contact:
+1 516-677-9500 Ext. 104
MOTOROLA, MOTO, MOTOROLA SOLUTIONS and the Stylized M Logo are trademarks or registered trademarks of Motorola Trademark Holdings, LLC and are used under license. All other trademarks are the property of their respective owners. © 2010 Motorola, Inc. All rights reserved.
SOURCE Motorola, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here