Seagate, Acacia Unit Settle Online Video Patent Suit

Law360, New York (August 6, 2010, 4:00 PM EDT) -- Seagate Technology LLC on Friday became the latest company to settle a lawsuit over video compression and playback patents with a unit of Acacia Research Corp.

The Acacia unit, Video Enhancement Solutions LLC, had not yet filed a formal notice of dismissal in the U.S. District Court for the Central District of California when Acacia made the announcement.

Seagate was one of 18 companies sued for infringing U.S. Patent Numbers 7,397,965 and 7,492,960.

Acacia did not provide any details of the settlement. A company spokesman did...
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