ZitoVault LLC, an innovative provider of security solutions, has announced that it has settled the patent infringement case against IBM brought on by ZitoVault, LLC before the US District Court for the Northern District of Texas (Dallas), the company said.
Pursuant to the settlement, the lawsuit will be dismissed. As part of the settlement, IBM has licensed a ZitoVault patent, US6484257 B1, also known as CryptoScaleâ¢, for use with IBM Cloud Based Services (Softlayer). All other aspects of the settlement and license were not disclosed.
Additionally, IBM has granted ZitoVault a cross license agreement to patent US 9.053,446B2 – Dynamically Quantifying the Demand of Each Software Component of Each Software Stack Deployed in the Cloud Environment. The combined patents along with the other ZitoVault patents will further enable ZitoVault to provide global virtual distributed cloud computing security frameworks.
ZitoVault´s mission is to safeguard communications among large numbers of connected devices such as the Internet of Things.