Pirelli S.p.A. (Milan, Italy) announced a settlement of its suit against ciena Corp. (Linthicum,

Pirelli S.p.A. (Milan, Italy) announced a settlement of its suit against ciena Corp. (Linthicum, MD) for alleged infringement of Pirelli`s optical transmission systems patents by ciena. Per the agreement, ciena will pay Pirelli $30 million at execution and running royalties on future ciena sales. The parties also agreed on a nonexclusive cross-patent license.