In what has to be one of the quickest resolutions to a patent lawsuit between tech giants in recent history, Microsoft and Samsung have announced a settlement over patent royalties for some code included in Samsung’s Android devices. The lawsuit stemmed from an agreement reached between the two companies in 2011 that flared up in August 2014 when Microsoft accused Samsung of breach of contract.
According to Microsoft’s original complaint, the company claimed Samsung had failed to make agreed upon royalty payments. Microsoft was asking that the contract be declared valid and that in addition to the payments owed, that Samsung also pay interest for late payments.
Neither side revealed any details of the settlement, instead issuing a joint statement that said, “Samsung and Microsoft are pleased to announce that they have ended their contract dispute.”
source: Re/code
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