Intergraph, a provider of spatial information management software, announced today that it has resolved its pending patent litigation with HP after accepting a payment of $141m.
The legal dispute centred on Intergraph's claims that HP infringed its patents pertaining to cache memory management technology in the Clipper Risc processor chips which Intergraph developed.
Under the terms of the settlement, HP will pay Intergraph $141m by 28 January 2005.
The agreement provides for the dismissal of all pending legal actions between Intergraph and HP, as well as a cross-licensing deal allowing the two firms to share a selection of each other's intellectual property.
Intergraph president and chief executive Halsey Wise said: "We are very pleased to have fully resolved all of our pending OEM patent litigation with the HP settlement.
"We believe that the settlement is in the best interest of our shareholders, and we are pleased to have received a licence to HP's extensive patent portfolio for our fields of business."
The deal comes after Intergraph settled similar patent disputes with Dell, Intel, Gateway and AMD in 2004.
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