Apple pays $100 million

Apple, Creative

24.08.06

Apple pays $100 million

Apple Computer will pay around $100 millions to Creative for a paid-up licence to use the company’s patent in all Apple products. It’s a final of MP3 patent technology war with Creative Technology. Creative had confirmed that Apple’s MP3 players infringed upon its MP3 patents.

“We’re very pleased to have reached an amicable settlement with Apple and to have opened up significant new opportunities for Creative,” said Sim Wong Hoo, CEO of Creative.

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