je.st

Home › loral

Tag: loral

L\'Oréal Gets Bigger in Brazil

2014-09-10 07:00:00| Happi Breaking News

Signs deal to acquire hair care company Niely Cosmeticos.

Loral and SSL Reach Settlement With ViaSat

2014-09-07 09:44:46| Telecom - Topix.net

Loral Space & Communications Inc. today announced that Loral, Loral's former subsidiary, Space Systems/Loral, LLC , and ViaSat, Inc. have settled the breach of contract and patent infringement lawsuits brought by ViaSat against Loral and SSL in February 2012 and against SSL in September 2013. Under the terms of the settlement, in consideration of a current payment to ViaSat of $40 million and future payments of $60 million over 2 1/2 years with interest, ViaSat has agreed that SSL and its customers will be free from any lawsuits with respect to SSL's future use of the ten patents-in-suit and certain other patents and patent applications and with respect to breach of certain contracts that were the subject of the suit.

Tags: reach settlement ssl viasat