HTC and Apple settle patent disputes, sign ten year license agreement

By on November 11, 2012
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No more going thermonuclear?

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Add one more thing to the list of Steve Jobs wouldn’t have done this. Apple and HTC have agreed to dismiss all lawsuits related to patents and sign a ten year license agreement. Why this happened is anybody’s guess. Apple could be getting tired of fighting on all fronts and HTC isn’t the giant it once was, or, maybe it’s a simple approach of your enemy’s (Samsung) enemy is your friend. Here is the short press release:

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.”


About

Abbas Jaffar Ali is the founder of tbreak.com and a blogger, geek and self-declared tech pundit who can't stop talking about technology. Find him on twitter as @ajaffarali

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