Qualcomm, Broadcom settle patent lawsuit
The words “About Damn Time” somehow fail to do justice to last night’s announcement that the war between Broadcom and Qualcomm is finally over.
While Qualcomm is to pay Broadcom the sum of US$891 million over four years, Broadcom will in return not get a free pass on royalties, meaning Qualcomm gets to retain its business model.
This is a good deal for both companies, and will prevent future lawsuits between the two.
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Posted by bravelittlememe on Monday April 27th
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