Spherix higher after suing Huawei

|About: Spherix Incorporated (SPEX)|By:, SA News Editor

Spherix (SPEX +3.2%) is suing Huawei in an Eastern Texas district court, alleging its switches/routers infringe 5 Spherix patents originally developed by Nortel Networks. The patents were obtained through Spherix's deal with the Rockstar Consortium.

Spherix sued Cisco in March, alleging infringement of 11 ex-Nortel patents.