Sharp, PACid Call Truce Over Encryption Patents

Law360, New York (December 14, 2009, 5:37 PM EST) -- Encryption technology research outfit the PACid Group LLC has come to terms with Sharp Corp., one of the last defendants in a sweeping infringement suit over two data encryption patents.

PACid and Sharp on Friday asked Judge Leonard Davis of the U.S. District Court for the Eastern District of Texas to dismiss the electronics giant from the suit in light of a settlement.

Each side will bear its own litigation expenses, and all claims and counterclaims are to be dismissed with prejudice, though other details of...
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