Apple Computer and Creative Technology have agreed to settle their legal dispute over music player patents for US$100 million, the companies announced on Wednesday in the US.
Creative Technology, maker of MP3 players, has indicated that it is expecting to earn royalties from rival Apple Computer.
Faced with a patent infringement suit against the iPod and iPod Nano, Apple Computer countered last week with its own complaint against Creative Labs, which holds a distant second place in the personal media player market.
Singapore-based electronics maker Creative Technology said Monday that it has filed two legal actions against Apple Computer, charging the popular iPod infringes on its patented technology.
Sony's new software czar, Tim Schaaff, knows a little something about handling companies in turmoil.
I recently visited the shiny new Apple store located beneath a glass cube on Fifth Avenue in New York City.
Apple and Creative would both like your MP3 spending dollar, and both offer pocket-sized firewire-capable MP3 players. We put the Creative Zen head to head with the Apple iPod.
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We preview a quintet of next-gen MP3 jukeboxes to decide which will be the new audio trendsetter.
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