SanDisk Corporation and PNY Technologies today announced that PNY has signed a patent cross-license agreement with SanDisk to settle patent cases filed by SanDisk last year in Federal District Court and the International Trade Commission against PNY flash memory products including USB drives and CompactFlash cards. The cross-license agreement provides PNY a competitive market advantage by ensuring it can continue to market and sell USB drives and CompactFlash cards, now as SanDisk licensed products, and assures that PNY's supply of such flash memory products will not be disrupted by the patent claims pending against other parties. Under the terms of the cross-license, PNY will pay SanDisk royalties on flash memory products that were not previously licensed. The specific terms of the cross-license are confidential.
- Tax policy: Burger King in Talks to Buy Canadian Chain Tim Hortons in Domestic Politics
- Diablo III in Gamers' Hangout
- Texas teachers packing heat in Domestic Politics
- Shoppers threaten to boycott ALDI after it pulls Roald Dahl book containing word 'sl*t' off in Real World News
- Judge Effectively Decriminalizes Polygamy in Utah in Real World News
- Microsoft's new Lumia 730 and 735 revealed in leaked images in Front Page News
- The audacity of taupe: Barack Obama's tan suit creates sartorial stir on social media in Real World News
- I think I may pick up a surface 2. in Tablet, Media Devices & Smartphones
Please enter your reason for reporting this comment.
The following codes can be used in comments.