Deals Of The Day 09/24/12

Earlier today, ActiveVideo Networks settled its ongoing patent dispute with Verizon Communications, with President/CEO Jeff Miler commenting, “While the terms of the agreement are confidential, we can confirm that the parties agreed to cross-license their patents, agreed not to sue each other for a period of years, and Verizon agreed to pay the $260 million previously ordered by the district court and an additional unspecified amount of money.  In the end, our technology and its value have been recognized”…Clearlake Capital Group L.P. now owns substantially all of the assets of mobile-device-management software designer Mformation Technologies Inc.; no financial details were disclosed.  The new company will be named Mformation, and its headquarters will remain in Edison, N.J.  The  management team and operations will stay the same, for the most part…Ixia joined the InCNTRE’s SDN Testing Consortium to further lead the development of standards-based software defined networking (SDN) technologies, including OpenFlow. InCNTRE, which calls itself the world’s only third-party testing lab for SDN, will use Ixia solutions to perform interoperability certification testing. Additionally, Ixia’s IxANVL will be used to determine whether devices conform to OpenFlow Switch v1.0 ONF interoperability standards…Ohio-based Revol Wireless says it will use the Interop Technologies hosted Over-the-Air (OTA) device provisioning platform with integrated Interactive Voice Response (IVR) system to provide its subscribers with fully automated mobile device activation and configuration 24/7. Revol Wireless offers unlimited, flat-rate service in key areas of the Midwest without requiring long-term contracts or deposits.