Digi, Lantronix settle lawsuits, form cross-licenses
Minnetonka, MN; Irvine, CA—Digi International Inc. and Lantronix Inc. agreed Nov. 4 to dismiss the patent infringement and trade secret lawsuits between the companies. They also agreed to enter into cross-licenses of each other's patents, which had been the subjects of the lawsuits.
'This agreement is a positive step for the growth of the emerging remote management and pervasive Internet industries,' says Marc Nussbaum, Lantronix's interim ceo. 'Our customers' best interests are served by having multiple product and technology options.'
Joe Dunsmore, Digi's ceo , adds that, 'This is a good outcome for the company and it's shareholders. Digi devotes substantial resources to develop innovative new products for it's customers and will continue to put a high priority on protecting that innovation in the marketplace.'
Control Engineering Daily News Desk
Jim Montague, news editor