Zscaler to Pay Broadcom $15M to Resolve Symantec Patent Suits

  • January 16, 2020
  • Category: In Case You Missed It
    Market Sector: E-Commerce and Software

Zscaler announced on January 14 that it has reached a settlement and license agreement with Broadcom, resolving all patent lawsuits filed by Symantec against Zscaler. The deal follows Broadcom’s recent purchase of Symantec’s enterprise security business and subsequent acquisition of Symantec’s patents-in-suit. As part of the settlement, Zscaler will pay Broadcom $15M in exchange for a patent license, release, and covenant not to sue.

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