HTC and Apple kiss and make up: enter licensing deal for 10-years

There goes any hopes of intense patent war between HTC and Apple. There’s just a nice little legal notice that popped up on everyone’s screen today, referencing a court deal between both companies: lifting all existing patent disputes, and agreeing to a 10-year licensing deal for all patents disputed, and any new patents that may be created in that time span.

Both CEOs of the multi-million dollar consumer technology companies have issued statements about the agreement:

“HTC is pleased to have resolved its dispute with Apple, so HTC can focus on innovation instead of litigation,” said Peter Chou, CEO of HTC.

“We are glad to have reached a settlement with HTC,” said Tim Cook, CEO of Apple. “We will continue to stay laser focused on product innovation. 

So from now on we can only get our technology patent disputes from Apple and Samsung? Aww, no fair. On a serious note though, this is good news.

Via: Apple