Thread regarding Synamedia layoffs

Cisco Sued Synamedia for Breach of Contract

Looks like it wasn't a friendly parting of ways between Cisco and Synamedia, largely over the Chandler's Ford leasing arrangement.
https://casetext.com/case/cisco-sys-v-synamedia-ltd-1

Plaintiff Cisco Systems, Inc. ("Cisco") brings this action asserting claims for breach and anticipatory breach of contract, and for declaratory judgment, against Synamedia Ltd. f/k/a Triton UK Bidco Limited ("Synamedia"). The claims arise principally out of Synamedia's alleged breaches of a Purchase Agreement into which the parties entered on April 30, 2018. (See docket entry no. 27 ("Compl."); docket entry no. 27-1 ("Purchase Ag.").)

From what it seems, this case has been settled after the two parties negotiated. One wonders what the financial impact was:

https://www.casemine.com/judgement/us/6246d63e342cca047dbcf0e1

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| 2193 views | | 1 reply (January 29, 2023) | Reply
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Old news!!!!

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