Symantec will pay a $10 million fee to Altiris for use of the disputed patented technology in any of Symantec's solutions.
Altiris, Inc., a software company and Symantec Corporation, a provider of information security services, yesterday announced their settlement of all pending patent litigation.
The companies have entered into a patent cross-license agreement that resolves all legal claims between the companies. Under terms of the agreement, both companies have agreed to dismiss all claims and counterclaims with no findings or admissions of liability in a settlement of litigation since 1999 including patent infringement allegations.
As part of the agreement, Symantec will pay a $10 million fee to Altiris for use of the disputed patented technology in any of Symantec's solutions. Altiris, Symantec and PowerQuest will dismiss with prejudice all claims in the pending litigation. PowerQuest is the assignee of one of the patents asserted in the dispute, and a wholly owned subsidiary of Symantec.
Wednesday, 23rd May