One of the major smartphone patent disputes involving smartphones running Google’s Android operating system between Apple and HTC has been settled, Apple and HTC announced late Saturday. The deal involves a ten-year license agreement and dismisses all of the legal disputes between the two companies around the world. Financial terms were not disclosed.
The text of the release, which is available on Apple’s website, follows below.
HTC and Apple have reached a global settlement that includes the dismissal of all current lawsuits and a ten-year license agreement. The license extends to current and future patents held by both parties. The terms of the settlement are confidential.
“HTC is pleased to have resolved its dispute with Apple, so HTC can focus on innovation instead of litigation,” said Peter Chou, CEO of HTC.
“We are glad to have reached a settlement with HTC,” said Tim Cook, CEO of Apple. “We will continue to stay laser focused on product innovation.”
(More to come.)
 |
 |