Items tagged with Spherix

Two days after announcing plans to invest $1 billion in an ambitious cloud computing venture, Cisco Systems finds itself having to defend against a lawsuit alleging that some $43 billion in sales over the last five years infringe on patents. The company making the claim is Spherix, which describes itself as an intellectual property development company committed to the fostering and monetization of intellectual property. Spherix alleges that Cisco ran afoul of 11 patents that relate to routers and switches, and all of which were developed by inventors at Nortel, which were then acquired by Spherix... Read more...