Apple, Cisco settle iPhone trademark dispute (Reuters/CNN)

[eppur_se_muova]

Both companies will be able to use the iPhone name. Additionally, they will explore opportunities to work together.

February 21 2007: 9:58 PM EST

NEW YORK, (Reuters) -- Network equipment maker Cisco Systems and Apple on Wednesday said they have reached an agreement that allow both to use the "iPhone" name, after Cisco sued the iPod maker for using it for a new multimedia phone.

Financial terms of the agreement were not disclosed.

In a joint statement, they said both companies are free to use the "iPhone" trademark on their products throughout the world, and each side will dismiss any pending actions regarding the trademark.

In addition, Cisco (Charts) and Apple (Charts) will explore opportunities to work together in the areas of security, and consumer and institutional communications.
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http://money.cnn.com/2007/02/21/technology/iphonedisputesettle.reut/index.htm?cnn=yes