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Qualcomm settles long running spat with Broadcom

Nibble Pays $891 million

By Nick Farrell

Mon Apr 27 2009, 13:18

QUALCOMM has settled up with Broadcom and agreed to pay the outfit $891 million in cash over four years to end a global dispute over handset technology patents.

Both companies have agreed to license each other's patents and pledged not to sue each other again.

The deal will pull Qualcomm out of the mess it had been in. The outfit had been forced to limit some of its phone chip sales and courts could have ordered still more limitations. µ

L'Inq
AP

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Qualcomm settles long running spat with Broadcom

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