HP settles patent suits with Acer

Hewlett-Packard announced Sunday that it has settled its patent-infringement lawsuits against rival PC maker Acer.

The confidential settlement agreement resolves three federal court lawsuits, as well as two U.S. International Trade Commission investigations between the parties.

HP sued Taiwan-based Acer in October 2007, alleging seven patent violations. The suits covered patents regarding technologies such as read/write optical drives, power management in notebooks, digital bus arrangement, thermal management and video control.

The suits sought to stop Taiwan-based Acer from exporting its PCs to the U.S. and selling them there. As a result of the settlement agreement, each action will be dismissed as to the parties.

[benjaminstraight]

Maybe HP is just mad that Acer is so cheap.