Samsung and NVIDIA have decided to privately settle their long-running patent lawsuits. NVIDIA first filed a lawsuit against Samsung in 2014, claiming that its Exynos processor had violated some of NVIDIA's intellectual property.
The agreement will lead to the immediate dismissal of all pending IP litigation in U.S. district courts, the U.S. International Trade Commission and the U.S. Patent Office between the companies. The settlement includes the licensing of a small number of patents by each company to the other, but no broad cross-licensing of patents or other compensation. Further details of the agreement are not being disclosed.
Bloomberg reports the settlement was announced just a few hours before the U.S. International Trade Commission in Washington was scheduled to make a judgement between Samsung and NVIDIA.
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