April 11, 2017 / 9:48 PM / 3 months ago

BRIEF-Inseego Corp-judgement entered in favor of novatel wireless

1 Min Read

April 11 (Reuters) - Inseego Corp:

* Inseego Corp- on April 10, judgment entered in favor of novatel wireless, in patent infringement lawsuit brought by Carucel Investments

* Inseego Corp - jury found that novatel wireless' mifi mobile hotspot devices do not infringe any of asserted claims in four patents owned by Carucel

* Inseego Corp says company "does not believe there is merit to an appeal" by Carucel and intends to "vigorously" defend any appeal

* Inseego Corp - adverse judgment could have material adverse effect on co's business, results of operations, financial condition and cash flows Source text: (bit.ly/2p4OFQZ) Further company coverage:

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