The settlement will have Quanta pay LG royalties for the use of four separate patents relating to DVD-Rom drive data transaction and two pending lawsuits will be dropped in exchange.
There was no word on how much the royalty payments would be but the US District Court for the Northern District of California has confirmed that suits were dropped.
The first suit was filed in 2001 and the second one a few months ago.
Written by: Andre Yoskowitz @ 27 Aug 2008 0:32
