After years of battling in courtrooms around the world, Apple and HTC have reached an agreement over patent licensing that will be in effect for the next 10 years. Both companies have spent millions of dollars in ongoing lawsuits relating specifically to smartphone patents for the iPhone and HTC’s Android devices.
HTC was sued first by Apple back in 2010 with more than a dozen iPhone-related patents, and HTC then sued Apple a year later with infringement claims relating to not only the iPhone, but also the iPad and Mac.
Apple’s joint press release with HTC today announces the end of a long and tedious battle over patent litigation:
TAIPEI, Taiwan and CUPERTINO, California—November 10, 2012—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.”
It’s refreshing to see two tech companies finally reach what sounds like a reasonable settlement. Don’t expect Samsung and Apple to hold hands when all is said and done.
Source: Apple
Image: techpounce
