Apple and Cisco Settle Up
Monday, February 26, 2007 by e
Apple and Cisco have reached a mysterious settlement agreement over the use of the name iPhone. Although I predicted Apple would prevail in this post here I did not expect it to take place so soon.
Part of me wonders if the genius that is hype builder Steve Jobs actually worked with Cisco to launch the lawsuit in an attempt to gain exposure for BOTH parties' devices.
Cisco Systems and Apple said last Wednesday that the agreement allows Apple and Cisco to use the iPhone brand on their own products. Also, the companies said that they would explore opportunities for interoperability in the areas of security and of consumer and business communications. The brief announcement made no reference to any financial agreement, nor did it specify how the two companies might work together. Representatives for Apple and Cisco declined to comment further, citing confidentiality restrictions.
One has got to wonder if this was in the works on the eve of the unveiling of the iPhone.
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Part of me wonders if the genius that is hype builder Steve Jobs actually worked with Cisco to launch the lawsuit in an attempt to gain exposure for BOTH parties' devices.
Cisco Systems and Apple said last Wednesday that the agreement allows Apple and Cisco to use the iPhone brand on their own products. Also, the companies said that they would explore opportunities for interoperability in the areas of security and of consumer and business communications. The brief announcement made no reference to any financial agreement, nor did it specify how the two companies might work together. Representatives for Apple and Cisco declined to comment further, citing confidentiality restrictions.
One has got to wonder if this was in the works on the eve of the unveiling of the iPhone.
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