Vonage settles patent suit with Verizon for no more than $120 million: now they’ll turn to AT&T

Posted on October 25th, 2007 by Russell Shaw

Reuters reports this afternoon that Vonage says it has settled a patent disput with Verizon. Vonage said the final terms of the settlement depend on a court of appeals decision on Vonage’s petition for a rehearing on its patents, but the amount will be capped at $32 million in addition to $88 million [...]