Apple and Cisco have been duking it out over the last few months over who rightfully possessed the right to use the moniker “iPhone.”
Tonight, the companies have jointly announced an agreement which will allow both companies to use the iPhone name on their own products.
No financial details were revealed, but all that we know is that all legal actions have been dropped by both parties. Apple and Cisco will also explore opportunities to collaborate on communication related projects in the future.
[via Reuters]
