Digital Ally Inc. received a lump-sum payment of $6 million from WatchGuard Inc. as part of a settlement that includes a licensing agreement that runs through Dec. 31, 2023.
In May 2016, Lenexa-based Digital Ally (Nasdaq: DGLY) sued WatchGuard in federal court in Kansas, accusing the company of violating several of its patents related to auto-activation technology for camera systems. The settlement agreement reached May 14 ends the lawsuit without WatchGuard admitting that it infringed on any of…
Digital Ally Inc. received a lump-sum payment of $6 million from WatchGuard Inc. as part of a settlement that includes a licensing agreement that runs through Dec. 31, 2023.
In May 2016, Lenexa-based Digital Ally (Nasdaq: DGLY) sued WatchGuard in federal court in Kansas, accusing the company of violating several of its patents related to auto-activation technology for camera systems. The settlement agreement reached May 14 ends the lawsuit without WatchGuard admitting that it infringed on any of…