Top news-Ericsson Signs License Agreement With Intellectual Ventures …

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Ericsson expects a negativeimpact onoperatingincome in phase Networks during thepresent quarter immediately after it reached an arrangementto end all patent infringement lawsuits with Mental Ventures, the Swedish firmstated on Monday.

The Swedish
cellgear maker stated the settlementincluded a lawsuit that went to demobefore this yr, ensuinginside a $43 million (£33.8 million) jury verdict in favour of patent licensing companyIntellectual Ventures.

“While the
phraseson thesettlement are confidential, Ericsson expects a damagingimpact onworkingcash flowinsidephase Networks in Q2 2019,” Ericsson explainedin thestatement.

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