IBM, Asustek Settle Patent Battles With Cross-License

Law360, New York (October 05, 2009) -- IBM Corp. and Taiwanese technology company Asustek Computer Inc. have settled all pending patent litigation between them through a cross-licensing agreement that the pair said Monday would spawn more collaboration in the future.

The companies described the agreement as a "broad" cross-license that would provide "the basis for future collaboration between the companies" without disclosing specifics or any financial terms....