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11/27/07
Ten million dollars. That's the amount Apple has agreed to pay software developer Burst in exchange for a non-exclusive license to most of the company's patent portfolio, excluding 3 pending U.S. patent applications related to new DVR technology. Oh, and Burst also promised not to sue Apple for any future infringement of these patents. After a prolonged two-year court battle, the two companies recently announced that the they settled their ongoing dispute, which had to do with a handful of audio and video delivery technologies. In 2004, Burst claimed that Apple's iPod, iTunes and Quicktime products used many of its audio and video patents and subsequently asked Apple to license them.
Posted by GEN-ERIC at 12:28:12 am into the following categories: In The News
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