Monday, April 23, 2018
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Amazon is Working on Home Robots: report
7nm Volume Production to Fuel TSMC's Profits This Year
Toshiba Weighs Memory Chip Unit Options
Google Chat Launches to compete with Apple's iMessage
ASUS ZenFone Max Pro M1 Brings Great Value Priced at Just $165
Meizu 15 series Phones Unveiled With No Notches
LG CineBeam Laser 4K Beam Projector Available For Preorder
Semiconductor Revenue Grew in 2017 as Samsung Takes Over No. 1 Position
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > Optical Storage > Zoran S...
Last 7 Days News : SU MO TU WE TH FR SA All News

Tuesday, February 14, 2006
Zoran Settles with MediaTek, UMC


Zoran and its wholly-owned subsidiary, Oak Technology, have entered into an agreement to settle litigation between Oak and both MediaTek and United Microelectronics Corp. (UMC), Zoran said last week.

Under the agreement, the litigation will be dismissed and MediaTek or one of its affiliated companies will pay Zoran $15 million, Zoran said. The company expects to realize approximately $7.7 million in connection with the settlement after payment to a holder of rights under certain Oak patents and legal fees. In connection with the settlement, Zoran and MediaTek will also grant each other cross-licenses on certain patents, Zoran said.

This litigation, which involved various contractual claims, was instituted in 1997, prior to Zoran's acquisition of Oak.

Last month, Zoran and Mediatek settled a patent dispute involving Oak. Under the terms of that settlement, the companies said MediaTek would make a cash payment of $55 million to Zoran and royalty payments of up to $30 million over the next 30 months.


Previous
Next
Nokia Reveals VoIP Mobile Phone        All News        Eu Reviewing Windows Vista Complaints
AACS Copy Protection Issues Delay Blu-Ray Drives'Launch     Optical Storage News      Blu-Ray Reveals its Latest Developments

Get RSS feed Easy Print E-Mail this Message

Related News
Mediatek Says There Are No Talks With Broadcom
New Mediatek Helio P60 Chipset Brings Big Core Power ans AI Experiences
MediaTek Faces Slow Smartphone Sales in China
CES: MediaTek Launches AI Platform
New MediaTek Sensio Solution Brings Health Monitoring to Smartphones
MediaTek Releases New Smartphone Chips
New MediaTek MT5597 Ultra HD TV SoC Supports Dolby Vision and Hybrid Log Gamma
MediaTek Launches Chipset Supporting the Google Assistant and Android Things
MediaTek 10-core Helio X30 SoC to Power Premium Mobiles
MediaTek Introduces Helio P25 Chip For Dual-Camera Smartphones
MediaTek Helio X23 And X27 Added To Deca-core Chip Lineup
MediaTek to Release New Semiconductor Product Portfolio for Automotive Industry

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2018 - All rights reserved -
Privacy policy - Contact Us .