Apple to pay Elan $5 million in patent settlement | iLounge News

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Apple to pay Elan $5 million in patent settlement

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By Charles Starrett

Contributing Editor
Published: Thursday, January 5, 2012
News Categories: Apple

Elan Microelectronics has said that Apple will pay the company $5 million as part of a settlement in a patent infringement case. Reuters reports that according to Elan’s statement, the two companies will also exchange authorizations to use each other’s patents. Elan sued Apple in the U.S. in 2009 over two patents related to multi-touch technology, leading to a countersuit from Apple later that year.

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