Apple and HTC Settle Patent Dispute, All Litigation Dismissed

Apple has just issued a press release to announced it has settled its patent dispute with HTC:

HTC and Apple® have reached a global settlement that includes the dismissal of all current lawsuits and a ten-year license agreement. The license extends to current and future patents held by both parties. The terms of the settlement are confidential.

“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.”

Both companies have sued each other over patent disputes over the past couple of years, with suits taking place in the U.S., the U.K related to sleep modes, touch screen patents such as ‘slide to unlock’, and scrolling and pinching.