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Apple, HTC Settle Patent Suits

November 11, 2012
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Apple and HTC last week announced an agreement to settle their patent litigation. The agreement includes both a ten-year license agreement and the dropping of all ongoing lawsuits. 

Financial terms were not disclosed. 

“We are glad to have reached a settlement with HTC,” Tim Cook, CEO of Apple, said in a statement. “We will continue to stay laser focused on product innovation.”

 


 

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