Fidelity Settles Lawsuit over Access to 'Business-Critical' Broadcom Software

Fidelity settles lawsuit over access to 'business-critical' Broadcom software

BOSTON, Jan 23 : Fidelity Investments said on Friday it had reached an agreement to settle a lawsuit accusing Broadcom of threatening to cut off its access to software that had become central to the financial firm's systems, creating a risk of outages and trading disruptions.The Boston-based asset manager mov

Fidelity settles lawsuit over access to ‘business-critical’ Broadcom software

BOSTON, Jan 23 : Fidelity Investments said on Friday it had reached an agreement to settle a lawsuit accusing Broadcom of threatening to cut off its access to software that had become central to the financial firm’s systems, creating a risk of outages and trading disruptions. The Boston-based asset manager moved to voluntarily dismiss a lawsuit it filed in a state court in Massachusetts in November, after Broadcom agreed to continue providing it…