NVIDIA announced it has reached a settlement with Samsung that resolves all pending intellectual property disputes between the two companies. The graphics chip designer explains the settlement includes the licensing of a small number of patents by each company to the other, but the announcement is light on details:
NVIDIA (NASDAQ: NVDA) and Samsung have agreed to settle all pending intellectual property litigation between the two companies, NVIDIA announced today.
The agreement will lead to the immediate dismissal of all pending IP litigation in U.S. district courts, the U.S. International Trade Commission and the U.S. Patent Office between the companies.
The settlement includes the licensing of a small number of patents by each company to the other, but no broad cross-licensing of patents or other compensation. Further details of the agreement are not being disclosed.