{"id":43067,"date":"2012-02-09T07:42:39","date_gmt":"2012-02-09T05:42:39","guid":{"rendered":"http:\/\/mybroadband.co.za\/news\/?p=43067"},"modified":"2012-02-09T07:43:42","modified_gmt":"2012-02-09T05:43:42","slug":"ericsson-sued-for-stealing-trade-secrets","status":"publish","type":"post","link":"https:\/\/mybroadband.co.za\/news\/technology\/43067-ericsson-sued-for-stealing-trade-secrets.html","title":{"rendered":"Ericsson sued for stealing trade secrets"},"content":{"rendered":"<p><a title=\"Ericsson\" href=\"http:\/\/mybroadband.co.za\/vb\/showthread.php\/400973-Ericsson\">Ericsson<\/a>, the world&#8217;s largest telecommunications network equipment maker, has been sued for more than $330 million by Airvana Network Solutions Inc, which accused it of stealing trade secrets and trying to drive it out of business.<\/p>\n<p>Airvana, a maker of broadband network technology, contended that Ericsson violated key contract terms by developing in-house a &#8220;knock-off&#8221; product based on Airvana technology, which could then be sold to wireless carriers <a title=\"Verizon Wireless\" href=\"http:\/\/mybroadband.co.za\/vb\/showthread.php\/368408-Verizon\">Verizon<\/a> and <a title=\"Sprint Nextel Corp\" href=\"http:\/\/mybroadband.co.za\/vb\/showthread.php\/371464-Sprint-Nextel-Corp\">Sprint<\/a>.<\/p>\n<p>&#8220;If Ericsson is able, even temporarily, to displace Airvana with a wrongfully developed &#8216;in-house&#8217; product, Airvana will face an immediate and precipitous decline in its revenues and may be rendered unable to meet its obligations,&#8221; said the complaint filed Wednesday in a New York state court in Manhattan.<\/p>\n<p>Ericsson, a Swedish company, was not immediately available for comment. Airvana is based in Chelmsford, Massachusetts.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ericsson has been sued for more than $330 million by Airvana Network Solutions Inc which accused it of stealing trade secrets<\/p>\n","protected":false},"author":340871,"featured_media":25011,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_sma_x_autopost_status":"idle","_sma_x_autopost_error":"","_sma_x_post_id":"","_sma_facebook_post_id":"","_sma_instagram_post_id":"","_sma_threads_post_id":"","_sma_x_attempts":0,"footnotes":""},"categories":[17],"tags":[36,8755,2534,7263,2456],"class_list":["post-43067","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","tag-active","tag-airvana-network-solutions","tag-ericsson","tag-sprint","tag-verizon"],"_links":{"self":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/43067"}],"collection":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/users\/340871"}],"replies":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/comments?post=43067"}],"version-history":[{"count":0,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/43067\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/media\/25011"}],"wp:attachment":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/media?parent=43067"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/categories?post=43067"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/tags?post=43067"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}