ANET/CSCO Litigation Settled

https://seekingalpha.com/news/3378754-cisco-arista-agree-dis…

Cisco, Arista agree to dismiss all patent litigation

Cisco Systems (NASDAQ:CSCO) and Arista Networks (ANET +2.3%) have a peace deal over their patent fight, with an agreement to dismiss all ITC and district court lawsuits.

Arista will pay Cisco $400M, and in return get a release for all claims of infringement in pending litigation.

Arista in turn will grant Cisco a release from antitrust claims.

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