SigmaTel, Actions Settle Patent Suits
To quote: "The two companies dismissed all litigation pending against one another and reached a three-year cross license agreement. Financial terms are confidential."
A press release from Actions: Actions and SigmaTel Settle All Patent Litigation and Enter into Cross-License Agreement
Hsiang-Wei (David) Lee, Chief Financial Officer of Actions Semiconductor, has told Actions' litigation story at the Summit on Overseas Protection of Intellectual Property of Chinese Enterprises, part of the 2007 China High-Level Forum on Intellectual Property Rights Protection in Beijing this April. That speech was, in my view, quite helpful to Chinese enterprises' business strategy in terms of IP disputes.
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