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Re: Letsgogreen post# 3522

Wednesday, 05/28/2014 7:18:24 AM

Wednesday, May 28, 2014 7:18:24 AM

Post# of 8287
May-5-2014 Spherix Commences Federal Litigation Against Juniper for Patent Infringement-Spherix Continues Monetization of Famous Nortel ...

http://finance.yahoo.com/news/spherix-commences-federal-litigation-against-100000882.html




The lawsuit alleges that the majority of Cisco's revenues from routing and switching --$43 billion since March 2008, $9 billion in 2013 -- can be attributed to 11 patents that Spherix bought from Canadian tech company Nortel Networks Corp. (NRTLQ_) in December 2013. Nortel declared bankruptcy in 2008.
http://hothardware.com/News/Spherix-Accuses-Cisco-Of-Generating-43-Billion-In-Sales-From-Infringed-Patents-Issues-Lawsuit/