Business Services Industry

Digi and Lantronix Announce Intellectual Property Cross License Agreement and Settle Current Patent Litigations

Business Wire, May 2, 2006

MINNEAPOLIS & IRVINE, Calif. -- Digi International(R) Inc. (NASDAQ:DGII) and Lantronix, Inc. (NASDAQ:LTRX), today announced that the companies have signed an agreement to cross-license each other's patents and have settled all pending patent infringement litigations between the companies.

Under and subject to the terms of the agreement each company will have the benefit and protection afforded by all of each other's current and future patents for a period of six years. Additional terms of the settlement were not disclosed.

About Digi International

Digi International, based in Minneapolis, makes device networking easy by developing easy to use and cost effective products and technologies. Digi markets its products through a global network of distributors and resellers, systems integrators and original equipment manufacturers (OEMs).

About Lantronix

Lantronix, Inc. (NASDAQ:LTRX) provides technology solutions that deliver Net Intelligence(TM), helping businesses remotely manage network infrastructure equipment and rapidly network-enable their physical electronic devices. Lantronix was founded in 1989 and has its worldwide headquarters in Irvine, California.

Digi is a registered trademark of Digi International Inc. Lantronix is a registered trademark of Lantronix, Inc.

COPYRIGHT 2006 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning
 

BNET TalkbackShare your ideas and expertise on this topic

Please add your comment:

  1. You are currently: a Guest |
  2.  

Basic HTML tags that work in comments are: bold (<b></b>), italic (<i></i>), underline (<u></u>), and hyperlink (<a href></a)

advertisement
advertisement
  • Click Here
  • Click Here
  • Click Here
advertisement

Content provided in partnership with Thompson Gale