We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Gateway Pays HP $47M to Settle Patent Litigation

Law360 (March 1, 2006, 12:00 AM EST) -- Industry rivals Hewlett-Packard and Gateway Inc. resolved their intellectual property litigation Wednesday, with Gateway agreeing to fork over $47 million to HP without admission of fault.

The deal wraps up litigation over PC patents from three federal court lawsuits, three International Trade Commission investigations and one state court suit. The state lawsuit against eMachines came out of an earlier license agreement with HP.

HP agreed to enter a binding term sheet with Gateway, which will make two payments to HP for a total of $47 million....
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.