Apple Agrees To $100 Million Settlement In Patent Lawsuit
Today it was announced that Apple has agreed to a settlement in which it must pay $100 Million to Creative Technology Ltd. Creative filed 5 patent lawsuits against Apple over the navigation system used with Apple's iPod MP3 player, claiming Apple violated patents that were already granted to Creative. Apple had filed two patent-infringement countersuits against Creative which were also settled, effectively ending all litigation between the two companies.