August 23, 2006 2:07 PM PDT
Apple settles with Creative for $100M
Apple will pay Creative $100 million for a license to a Creative patent that had been the subject of a legal dispute between the two companies.
Creative was awarded a patent last August for a music player user interface, and it sued Apple in May claiming the iPod maker was infringing upon its patent. As a result of the settlement, all legal disputes between the two companies related to the patent will disappear. Apple has the right to be reimbursed on the $100 million payment if Creative is able to secure licensing deals with other MP3 player manufacturers, it said Wednesday in a press release.
Tom Krazit writes about the ever-expanding world of Internet search, including Google, Yahoo, online advertising, and portals, as well as the evolution of mobile computing. He has written about traditional PC companies, chip manufacturers, and mobile computers, spending the last three years covering Apple. E-mail Tom.
