Vonage, AT&T finalize settlement

Settlement is latest in a string of patent cases against Internet phone company. Vonage has settled disputes with Sprint, Verizon in recent months.

Vonage and AT&T said late Friday that they have finalized the settlement of a dispute between the companies.

In one of the shortest press releases in recent memory, the companies said "Vonage and AT&T have entered into a definitive agreement to settle their patent dispute, the companies announced today. The companies had agreed in principle to a settlement on November 7."

Well, there you have it.

AT&T had sued the Internet phone company, alleging patent infringement. In recent months, Vonage settled a patent dispute with Verizon, in a deal worth up to $120 million, and another with Sprint, for $80 million.

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