Apple, HTC jointly announce global settlement of patent disputes

News / Smartphones

Apple, HTC jointly announce global settlement of patent disputes

  • 2012-11-12 12:54:57
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News / Smartphones               Apple, HTC jointly  announce global settlement of patent disputes
Apple and HTC has recently announced a wide-reaching patent licensing agreement this evening that includes settlement of the crucial litigation between the two .Both which have been locked in a series of bitter patent disputes over the past two years, has agreed to a 10-year joint licensing agreement for all current and future patents from both companies, according to a brief statement issued by the companies. Financial terms of this settlement was not released yet .

The c.e.o's of both companies issued statements welcoming the settlement.Apple recently won a ruling in a case with HTC when a judge dismissed five patents that HTC tried to assert , patents that had been borrowed from Google. The patents, cited in a case with the ITC and , had been loaned to HTC last summer in an apparent attempt to beef up Android equipment makers without getting Google directly involved.
Categories: Smartphones

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