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Avid, E.Digital Settle Flash Memory Patent Suit

Law360 (March 16, 2009, 12:00 AM EDT) -- Avid Technology Inc. has become the fifth defendant to settle patent infringement claims brought by mobile entertainment system manufacturer e.Digital Corp. against seven electronics companies over four patents related to flash memory technology.

In a joint motion filed Friday in the U.S. District Court for the Eastern District of Texas, Avid and e.Digital asked to dismiss the claims with prejudice.

E.Digital sued Avid, Sanyo North American Corp., Nikon Inc., Casio America Inc., LG Electronics USA Inc., Olympus America Inc. and Samsung Electronics America Inc. in March...
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