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Philips and Nintendo resolve patent disputes and sign patent license agreement

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Philips bericht: "Royal Philips (NYSE:PHG, AEX: PHIA) announces resolution of patent disputes and the signing of a patent license agreement with Nintendo Co., Ltd. (TYO: 7974).

As a result, the patent infringement proceedings that Philips had initiated in Germany, the UK, France and the USA against Nintendo’s Wii, Wii U and DS handheld products will end. As part of the agreement, Philips and Nintendo will cross-license portions of each company’s patent portfolio."

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