Celeritas Technologies Ltd. has agreed to settle a lawsuit filed against AT&T; Corp. for an alleged patent infringement, the companies said Thursday.
Celeritas, an Irvine-based research company, filed suit against AT&T; in September, claiming the telecommunications giant had illegally appropriated a Celeritas technology that allows computer modems to transmit information over cellular telephone networks.
Terms of the settlement were not disclosed, but AT&T; has agreed to license the technology from Celeritas. "There was a cash settlement, a very generous licensing fee paid by AT&T; to us," said Glenn Ray, president of Celeritas.
Celeritas is pursuing an identical suit against Rockwell International Corp.