EDS, Virgin Reach Deal In Prepaid Phone Patent Suit

Law360, New York (May 19, 2009, 12:00 AM EDT) -- Electronic Data Systems Corp. has reached a settlement and patent license option agreement with Virgin Mobile USA LP, which was one of a number of cell phone companies it sued for allegedly infringing a pair of patents that cover prepaid phone service.

In a stipulated motion for dismissal with prejudice filed Tuesday in the U.S. District Court for the Eastern District of Texas, EDS and Virgin Mobile moved for an order dismissing all claims and counterclaims between them.

The details of the settlement were not disclosed,...
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