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Latest Business News

Cisco, Apple Settle iPhone Lawsuit

Wednesday, February 21, 2007 11:23:17 PM
By JORDAN ROBERTSON

 Apple CEO Steve Jobs demonstrates the new Apple iPhone during his keynote address at MacWorld Conference and Expo in a San Francisco file photo from Jan. 9, 2007. Cisco Systems Inc. and Apple Inc. said Wednesday, Feb. 21, 2007 they have settled the trademark-infringement lawsuit that threatened to derail Apple's use of the "iPhone" name for its much-hyped new iPod-cellular phone gadget.  (AP Photo/Paul Sakuma, File)SAN JOSE, Calif. (AP) - Cisco Systems Inc. and Apple Inc. said Wednesday they have settled the trademark-infringement lawsuit that threatened to derail Apple's use of the "iPhone" name for its much-hyped new iPod-cellular phone gadget.

The companies said Apple will be allowed to use the name for its sleek new multimedia device in exchange for exploring wide-ranging "interoperability" between the companies' products in the areas of security, consumer and business communications.

No other details of the agreement were released, and representatives from both companies declined to comment beyond their short joint statement.


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