Vonage Holdings announced yesterday that it has acquired three "key VoIP" patents from Digital Packet Licensing.
"We are committed to developing, acquiring and protecting the root technologies that are at the heart of our business," said Michael Tribolet, president of Vonage America.
He added that Vonage's strategic plan includes "a concerted effort to grow, create and acquire other significant intellectual property portfolios".
According to Vonage, the acquisition now places it "in control of pending litigation" against Sprint Communications LP and Verizon Communications, among others, for alleged infringement of one of these VoIP patents.
Vonage added that it is presently in cross-licensing negotiations with these firms concerning the use of the newly acquired intellectual property.
As a result of acquiring the VoIP patents, Vonage also assumes ownership and control over these agreements.
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