Apple and Cisco have resolved their dispute involving the iPhone trademark, with both companies now free to use the brand name on their products globally.
In January, Apple unveiled its next-generation mobile phone, designed by its US team, and announced that it would be called iPhone.
However, Cisco registered that name in 2000 when it acquired another company, Infogear, and has argued that Apple’s use of iPhone was a violation of its long-standing trademark.
As part of the agreement, both companies acknowledge that the trademark ownership rights have now been granted, and each side will dismiss any pending actions, according to a joint statement.
In addition, Cisco and Apple will explore joint use of the name in areas of security, and consumer and enterprise communications.
The financial terms of the agreement have not been released.