HTC and Apple settle patent disputes, sign 10-year licensing agreement

Apple and HTC reached a settlement that dismissed all lawsuits and set up a 10-year licensing agreement.

It seems lawsuits over patents and other technologies have been filed between just about everyone in the mobile industry and it seemed to hurt more than help as tempers flared on both sides.

Two major players in the ongoing patent litigation battle are settling their scores and making up.

Apple and HTC reached a settlement agreement that dismisses all lawsuits and sets up a 10-year licensing agreement. 

"HTC is pleased to have resolved its dispute with Apple, so HTC can focus on innovation instead of litigation," said HTC chief executive Peter Chou.  

“We are glad to have reached a settlement with HTC,” said Tim Cook, CEO of Apple.  "We will continue to stay laser focused on product innovation."

The license agreement extends to current and future patents held by both parties. The terms of the settlement are confidential so we won't find out all the details just yet. 

I know that other mobile players have licensing agreements and hope that others can work together as well. Maybe the U.S. government should look to these two companies example and now try to work together too?