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Authentify Patent ended its patent infringement lawsuit and settled with PhoneFactor,...

Authentify Patent ended its patent infringement lawsuit and settled with PhoneFactor, Authentify announced Tuesday (http://xrl.us/bnnimc). According to the release, the suit was filed in June in the Western District of Washington over the company’s “Out of Band Authentication” technology, and…

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the terms of the settlement, which include granting limited license of its patents to PhoneFactor, are confidential.