Apple and HTC Settle Patent Dispute

An anonymous reader writes "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. From the article: '"HTC is pleased to have resolved its dispute with Apple, so HTC can focus on innovation instead of litigation," Peter Chou, HTC's chief executive, said in a statement. Tim Cook, Apple's chief executive, also expressed relief in a statement. "We will continue to stay laser focused on product innovation," he said.'"

Comments

Re:What's the angle?

[TubeSteak]

Very curious about what happened here?

Patent System Not Broken, Argues IBM's Chief Patent Counsel
That's what happened.

Obviously IBM couldn't have allowed a giant clusterfuck of patent lawsuits to go forward after they had just publicly said the system isn't broken.
So they engineered two massive corporations cross-licensing their portfolios in order to fit the IBM definition of "not broken"
If it makes you feel better, I'm sure the illuminati & free masons were involved and the reptilians were not.

Re:HTC can't compete anymore

[dudpixel]

How funny would it be if HTC made a phone that looked just like the iPhone and were sued by Samsung for copying their designs?