SiRF settles suit with u-Nav

SiRF, makers of the SiRF star III chipset, settled their patent suit with u-Nav in a settlement that has u-Nav paying an undisclosed amount of money and the two companies offering each other cross-license deals on several patents. I've seen situations like this, where both companies are either infringing or close to infringing on patents and with a big cross license deal and a little cash to grease the skids, everyone comes out happy. If you red between the lines, it looks like SiRF did well here:
"The settlement of this lawsuit reflects our determination to protect our intellectual property," said Nicolas S. Gikkas, Chief Intellectual Property Counsel of SiRF.
"We are pleased to reach this settlement with SiRF in a timely and equitable manner," said Greg Winner, CEO at u-Nav. "We have respect for the intellectual property created by SiRF over the last decade, and are pleased to have obtained a license to SiRF's core GPS technology."
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Posted by Scott Martin at November 7, 2006 8:49 AM