Apple pays $100m to Creative in patent lawsuit settlement

Tags: iPod + Creative + Patent + Lawsuit

lupus
lupus posted on Aug 23rd 2006 8:34PM; via macminute.com/2006/08/23/apple...
Apple pays $100m to Creative in patent lawsuit settlement

Remember all that talk of Creative beating Apple to the punch with patenting various elements of the iPod's UI? Today these talks came to an end, with Apple whipping out the checkbook, and Creative (I'm assuming) throwing a party. That's right: Apple has shelled out USD $100 million to Creative for "a paid-up license to use Creative's recently awarded patent in all Apple products." Fortunately, Apple might be able to get some of that cash back if Creative is successful in suing their way to profitability licensing their patents to anyone else.

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