Apple, HTC announce global settlement of patent disputes
Apple and HTC announced a wide-reaching patent licensing agreement this evening 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 … Read more