PLCM » Topics » Item 8.01. Other Events

This excerpt taken from the PLCM 8-K filed Jul 1, 2009.

Item 8.01. Other Events

On July 1, 2009, Polycom, Inc. issued a press release announcing the appointment of Andrew M. Miller as executive vice president of global field operations. A copy of the press release is attached as Exhibit 99.1 hereto.

This excerpt taken from the PLCM 8-K filed Feb 14, 2008.

Item 8.01. Other Events.

In February 2008, Polycom, Inc. (“Polycom”), TANDBERG asa (“Tandberg”), Codian Ltd. (“Codian”) and certain of their respective affiliates entered into a settlement agreement to dismiss all litigation between the parties. Under the terms of the agreement, Polycom will receive a lump-sum payment of $14 million on or before February 18, 2008, as well as receive future royalties on the Codian MCU 4200 product shipped in the United States. The parties have also exchanged broad cross-licenses covering their respective business lines.

As part of the settlement, Tandberg and Codian have expressly acknowledged the validity and enforceability of United States Patent Nos. 6,697,476, 6,760,749, 6,633,985, 6,744,460, 6,496,216, and 6,757,005, and Codian has completely withdrawn from participation in any reexamination proceedings relating to the foregoing patents. Polycom has expressly acknowledged the validity and enforceability of United States Patent Nos. 5,262,964 and 6,535,238.

The cases covered by this agreement include the following matters with respect to Polycom, Tandberg, Codian and their respective affiliates: (i) Polycom, Inc. and Polycom Israel, Ltd. v. Codian Ltd. and Codian, Inc., filed in the United States District Court for the Eastern District of Texas and designated as Case No. 2:05-CV-00520-DF; (ii) TANDBERG asa v. Polycom, Inc., filed in the United States District Court for the Eastern District of Virginia and designated as Case No. 3:08-CV-83-REP; and (iii) Codian Ltd. v. Polycom, Inc., filed in the United States District Court for the Western District of Arkansas and designated as Case No. 4:07-CV-04063-JLH.

 

2


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

POLYCOM, INC.
By:  

/s/ Sayed M. Darwish

  Sayed M. Darwish
 

Senior Vice President, Chief Administrative

Officer, General Counsel and Secretary

Date: February 14, 2008

 

3

EXCERPTS ON THIS PAGE:

8-K
Jul 1, 2009
8-K
Feb 14, 2008
Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki