(Reuters) — Arista Networks Inc. will pay $400 million to Cisco Systems Inc. to resolve a sprawling U.S. court fight between the two network equipment makers, Arista said in a regulatory filing on Monday, the day a jury trial in the dispute was slated to begin.
The settlement resolved U.S. lawsuits filed by Cisco alleging Arista copied its intellectual property.
The deal also called for Arista to drop a lawsuit alleging Cisco engaged in anticompetitive conduct to preserve its dominant share of the ethernet switch market. A jury trial in that case was slated to begin on Monday in San Jose, California.
(Reuters) — Apple Inc. is working with Cisco Systems Inc. to help businesses that primarily use gear from both companies to get a discount on cyber security insurance premiums, Apple CEO Tim Cook said Monday.