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Settlement Reached In EDS Prepaid Phone Patent Spat

Law360 (March 31, 2009, 12:00 AM EDT) -- Electronic Data Systems Corp. has reached a patent license and settlement agreement with two cell phone companies that it accused of infringing a pair of patents that cover prepaid phone service.

According to orders signed Monday by Judge T. John Ward of the U.S. District Court for the Eastern District of Texas, all claims filed by EDS and all counterclaims filed by TracFone Wireless Inc. and Online Wireless Inc. were dismissed with prejudice, subject to the terms of a patent license and settlement agreement.

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