Software Patent Infringement Lawsuit Between ZitoVault and IBM Ends in Settlement

September 7, 2018 - from Business Wire

A software patent infringement lawsuit between security solutions provider ZitoVault LLC and IBM reached a settlement on August 22, 2018. The suit arose after ZitoVault alleged that IBM’s Softlayer application infringed on ZitoVault’s patent for computer network encryption and decryption software. As part of the settlement agreement, IBM licensed ZitoVault’s CryptoScale software patent for use with its IBM Cloud Based Services.

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