Synchronoss Technologies Announces Entering into Patent License for Egnyte to become Synchronoss Patent Licensee

Date : 04/09/2019 @ 8:00PM
Source : GlobeNewswire Inc.
Stock : Synchronoss Technologies, Inc. (SNCR)
Quote : 7.37  -0.06 (-0.81%) @ 11:00PM

Synchronoss Technologies Announces Entering into Patent License for Egnyte to become Synchronoss Patent Licensee

Synchronoss Technologies, Inc. (NASDAQ:SNCR)
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Synchronoss Technologies, Inc. (NASDAQ:  SNCR) and Egnyte, Inc. today announce that they have agreed to a patent license and Egnyte is now a Synchronoss patent licensee.  This license and settlement agreement amicably settled all litigation issues between the parties. The terms of the patent license and settlement agreement remain confidential between the parties.

Contact:Investors:Joe CrivelliVice President, Investor Relations, Synchronoss908-566-3131investor@synhronoss.com

Media:                                                CCgroupUS: Diane Rose, +1 727-238-7567 or International: Anais Merlin, +44 20 3824 9219                                  synchronoss@ccgrouppr.com          

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