IBM, Asustek Settle Patent Battles With Cross-License

Law360, New York (October 5, 2009, 6:10 PM EDT) -- IBM Corp. and Taiwanese technology company Asustek Computer Inc. have settled all pending patent litigation between them through a cross-licensing agreement that the pair said Monday would spawn more collaboration in the future.

The companies described the agreement as a "broad" cross-license that would provide "the basis for future collaboration between the companies" without disclosing specifics or any financial terms.

Asustek general counsel Vincent Hong said the license stemmed from the two technology manufacturers' "deep respect for each other's patent portfolios."

"This agreement will give us...
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