Apple will spend $5 million to settle a suit filed by Elan Microelectronics over the alleged violation of a patent for multitouch technology, Elan said today.
As part of the settlement, the two companies have also received authorization to use each other's patents, according to Reuters.
In April 2009, Taiwan-based Elan filed its suit against Apple in U.S. District Court, accusing the iPhone maker of violating a 1998 Elan patent covering a method to detect the use of one or more fingers on a touchpad. Apple then countersued Elan for alleging infringing on two Apple touchpad-related patents.
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