Apple & HTC Announce License Agreement to Settle All Patent Disputes
Apple and HTC reached a settlement of their patent disputes that includes the dismissal of all current lawsuits and a ten-year license agreement, they said in a joint press release. The license agreement extends to current and future patents held by both parties, they said. The terms of the agreement are confidential. In the joint press release, which was sparse on detail, both CEOs said their companies can now focus on product innovation.
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Apple and HTC are involved in several disputes before the International Trade Commission regarding imports of cellular phones. Apple recently alleged HTC is violating an exclusion order issued in connection with one of those investigations.
(See ITT’s Online Archives 12070534 for summary of ITC institution of enforcement proceeding against HTC. See also ITT’s Online Archives 11080949 and 11092833 for summary of patent cases brought by Apple against HTC, and HTC against Apple, respectively.)
Apple press release available here.
Identical HTC press release available here.