Gateway has agreed to pay $47 million to rival computer maker Hewlett-Packard to settle a series of lawsuits over patents. The two companies also entered into a cross-licensing agreement that lasts for seven years, said Hewlett-Packard's vice president of intellectual property and licensing. The agreement settles a string of suits and countersuits that began in 2004, when HP claimed in San Diego, Calif., federal court that five of its patents were being infringed by Gateway.
March 02, 2006 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
Gateway Inc. has agreed to pay $47 million to rival computer maker Hewlett-Packard Co. to settle a series of lawsuits over patents.
The two companies also entered into a cross-licensing agreement that lasts for seven years, said Joe Beyers, Hewlett-Packard’s vice president of intellectual property and licensing.
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