Seeking Alpha

Single Touch secures settlement with Zoove, enters cross-licensing agreement

  • Zoove agrees to license 2 Single Touch Systems (SITO +0.9%) patents, resolving the companies' lawsuit. The agreement includes a payment to Single Touch; further terms were not disclosed.
  • In conjunction, Zoove will provision abbreviated dialing codes for Single Touch, allowing the company to extend its reach to other carriers. The companies have also entered a long-term cross-licensing agreement relating to their abbreviated dialing codes patents.
 
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector

Next headline on your portfolio:

|