Courtesy of Benzinga.
Vringo, Inc. (NASDAQ: VRNG), a company engaged in the innovation, development and monetization of mobile technologies and intellectual property, today announced that its wholly-owned subsidiary I/P Engine, Inc. has entered into a license and settlement agreement with Microsoft Corporation (NASDAQ: MSFT) to resolve patent litigation that was pending in the U.S. District Court for the Southern District of New York.
Additional information concerning the settlement can be found in Vringo’s filings with the United States Securities and Exchange Commission.