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Motorola has put an end to its long fight over “Xoom” branding, according to a new report.
Motorola has inked a deal with payment company Xoom Corp. that will see the handset and tablet maker put an end to its use of the “Xoom” name, American Lawyer reported on Tuesday, citing people who had knowledge of the deal. The agreement was reportedly signed on Monday, and the settlement between the firms has been kept confidential.
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Xoom Corp. sued Motorola in 2011, alleging that the mobile firm violated its trademark by using the Xoom name for its tablets. Motorola decided to fight the lawsuit, but according to American Lawyer, it has called a ceasefire.
It’s not clear exactly when the Xoom name needs to be nixed, but the report claims that the Google-owned company must “eventually phase out its Xoom tablet brand.”
CNET has contacted Google for comment. We will update this story when we have more information.
(Via Florian Mueller)
