£52m Apple payout ends iPod dispute
Apple Computer is to pay £52 million to Singapore-based Creative Technology over an iPod patenting battle. The California-based firm agreed to the out-of-court settlement after it was accused of hijacking a navigation system used in Creative's Zen media players for its own digital music player.
Creative, which launched five separate lawsuits against its rival, asked the International Trade Commission to ban Apple from importing its best-selling iPod to the lucrative US market.
The agreement also allows Apple to recoup some of the money if other companies license Creative's technology. Link
posted by Daniel Dwase @ 8:09 AMPermanent Link
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