German Licensing Co. Strikes Deal With Seagate
Papst announced a “substantial licensing agreement” on Tuesday which covers Seagate subsidiary Maxtor Corp.’s hard-disk drives. Terms of the deal were not disclosed, but Papst’s attorney Jerold Schnayer said Seagate paid “a substantial royalty” for being the last hard-disk drive manufacturer to take a license.
“The agreement completes our...
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