The settlement heads off a patent trial scheduled for next week that TiVo expected would result in billions of dollars in damages.
Motorola has settled a patent-infringement lawsuit with TiVo over digital-video recording technology ahead of a patent trial scheduled to begin next week.
TiVo filed a patent-infringement claim against Motorola last October, saying that the Google-owned company’s set-top boxes infringed on its patents related to DVR functionality. TiVo argued that were the court to rule in its favor, the “damages claim is likely to run into the billions of dollars.”
The settlement, which was first reported by Bloomberg, was confirmed by a Motorola spokesperson, who declined to offer details of the settlement.
“We’re pleased that all parties involved have reached an agreement to resolve pending litigation,” Motorola said in a statement.
Source From: http://news.cnet.com