Arista to Pay Cisco $400M to Settle Patent, Antitrust Lawsuits

Arista Networks Inc. agreed to pay Cisco Systems Inc. $400 million to settle claims it copied Cisco’s technology, hours before the scheduled start of a jury trial in which Arista was going on the offensive, accusing Cisco of anti-competitive conduct and seeking damages.

Under the agreement, posted Aug. 6 in a filing with the U.S. Securities and Exchange Commission, all pending federal court and U.S. International Trade Commission cases between Arista and Cisco will be dismissed. The companies also have agreed to a five-year “stand-down period” for any utility patent infringement claims either may have against the other’s products and ...