News Release
VIA and MediaTek Settle Patent and Copyright Infringement
and Trade Secret Misappropriation Cases
Taipei, Taiwan, 3 August 2004 - VIA Technologies, Inc.,
and MediaTek Incorporation today announced that VIA and
its subsidiary VIA Optical Solution Inc. (VOS) have reached
a settlement agreement with MediaTek over a series of
pending patent, copyright and trade secret lawsuits in
Taiwan and the United States relating to chipsets and
firmware for optical storage devices.
Under the terms of the settlement, MediaTek, VIA and
VOS will dismiss or withdraw all pending litigation in
all jurisdictions and will release each other from any
claims arising out of any of their respective existing
intellectual property rights or any of the pending litigation.
MediaTek also grants VOS, in exchange for the payment
by VOS of a royalty of $25 million upon execution and
$5 million per year each of the following five years,
a perpetual license to any of its copyrights and trade
secrets and a five-year license to any of its existing
intellectual property (including patents) that are currently
implemented in a VOS optical storage product. Other terms
of the settlement agreement and the licenses are not disclosed. |
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