Following years of legal battles over patents, Apple Inc. and HTC Corp. have agreed to a cross-licensing scheme that will settle oustanding claims and provide a future framework to avoid problems in the future.
“It makes a whole lot of sense that Apple would settle with HTC, and that HTC would accept the terms Apple has imposed (which were not disclosed but are likely somewhat onerous), prior to other Apple-Android settlements. Both companies simply have other priorities to focus on.”
Both companies have, in fact, made statements to that effect. Peter Chou, CEO of HTC said the deal would allow HTC to “focus on innovation instead of litigation,” while Apple CEO Tim Cook made a nearly identical statement.
ITWorldcanada.com is the leading Canadian online resource for IT professionals working in medium to large enterprises. IT World Canada creates daily news content, produces a daily newsletter and features IT professionals who blog on topics of industry interest.