FRISCO, Texas -- (BUSINESS WIRE) -- GENBAND, a leading developer of multimedia and cloud communications solutions, today announced that it has reached a settlement agreement with Communications Test Design Inc. (CTDI) regarding its lawsuit in the United States Eastern District Court of Texas. Although the terms of the settlement are confidential, GENBAND has successfully defended its intellectual property rights related to support for repair and upgrades of its products.
“GENBAND has invested substantial resources into developing, creating and acquiring intellectual property assets, which we will continue to vigorously protect,” said Zach Green, Executive Vice President and Chief Legal Officer of GENBAND.
FROM THE CORE TO THE EDGE TO THE EXPERIENCETM, GENBAND is a global leader in smart networking solutions for service providers and enterprises in over 80 countries. The company’s technology improves IP networks by making them more scalable, secure, profitable and efficient. GENBAND’s market-leading technology supports multimedia voice, data and video sessions and fixed-mobile unified communications applications that scale on public and private networks. With a flexible, cloud-ready platform, GENBAND’s IMS, edge and application solutions help its customers compete effectively by increasing revenues, improving profitability, and attracting and retaining customers. To learn more, visit us on the web at www.GENBAND.com.
GENBAND, the GENBAND logo and icon are trademarks of GENBAND.