Cisco sues HP over VoIP contract
Cisco agreed to provide support for HP's VoIP service purchased by an unidentified HP customer. That customer then cancelled its HP service, and HP in turn cancelled its Cisco service in 2013, according to The Recorder.
The cancellation entitled HP to early termination credits applied toward its remaining balance. After the credits were applied, Cisco determined HP still owed $58 million.
HP responded that the company is entitled to a "full credit," and should have to pay nothing. Cisco claims HP is now seeking credits that amount to more than what HP owes.
States a Cisco spokesperson in an e-mail:
An HP spokesperson says the company has a policy of not commenting on pending litigation.
More from Cisco Subnet:
Cisco's new leadership team is...
Cisco's two presidents resigning
Cisco's IoE keeps abreast of cancer
Cisco bypassed Russia sanctions to continue sales: report
Cisco, Chambers looking for one last shot at VMware
Cisco's Chambers: A Retrospective
Cisco taps veteran Robbins to succeed Chambers as CEO
Follow all Cisco Subnet bloggers on Twitter</a>.Jim Duffy on Twitter