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Apple, HTC Announce Settlement

No Comments 11 November 2012

Apple, HTC Announce Settlement

Apple and HTC announced a wide-reaching patent licensing agreement that includes settlement of all current litigation between the two companies.

The two companies, which have been locked in a series of bitter patent disputes over the last two years, agreed to a 10-year joint licensing agreement for all current and future patents from both companies, according to a brief statement issued this evening. Financial terms of the settlement were not released.

The chief executives of both companies issued statements welcoming the settlement.

“We are glad to have reached a settlement with HTC,” Apple CEO Tim Cook said in a statement, while HTC CEO Peter Chou said, “HTC is pleased to have resolved its dispute with Apple.”

The relatively brief but active legal dispute between the two companies began in March 2010, when Apple filed a complaint against HTC with the U.S. International Trade Commission, saying the Taiwan-based company violated 10 of its patents. However, an administrative judge with the ITC—a federal agency with the power to enforce bans on products shipping to the U.S.—found only two violations in June 2011.

Two months after Apple’s complaint, HTC accused Apple of infringing on five patents related to its mobile technology and asked the ITC to stop the import and sale of Apple’s iPad, iPod, and iPhone. In August 2011, HTC filed a lawsuit in the U.S. District Court of Delaware, claiming that Apple violated two Wi-Fi-related patents by selling its line of Mac computers, iPads, iPods, iPhones and other devices and sought an import ban on the devices.

Read More: http://news.cnet.com/8301-13579_3-57548125-37/apple-htc-announce-global-settlement-of-patent-disputes/

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