The long standing battle between NVIDIA Corp. (NASDAQ:NVDA) and Samsung Electronics Co. (OTCMKTS:SSNLF) has finally come to an end as both the companies have announced a truce to end their legal battle.
NVIDIA announced recently that both the companies have agreed to put an end to the dispute but the terms of the agreement are “limited”. The statement adds that the settlement of the dispute involved the licensing of small patents by the companies to each other. The statement from NVIDIA adds that there is “no broad cross-licensing of patents or other compensations” when the settlement was decided upon.
Meanwhile, Samsung provided an even shorter explanation to the scenario, with their statement saying that the company is “happy to resolve the dispute through a fair settlement”. No other details including the exact terms of the agreement reached upon were mentioned by either parties in their statement.
