Microsoft and Samsung reach agreement over royalty payments issue

Microsoft and Samsung have been having a rather public dispute over patent royalty payments for a while already. But that seems to be over now as both companies have announced that they have privately settled the issue. The new terms they have struck haven’t been revealed publicly though.

In 2011, Samsung and Microsoft signed a licensing deal that would have the South Korean brand pay royalties based on its Android mobile devices sale. That went on smoothly until August 2014 when Microsoft threatened to sue Samsung over unpaid late fees on royalties. Samsung wasn’t paying Microsoft because of their acquisition of Nokia. They reasoned that the purchase turned them into a hardware competitor. But now that seems to be over and done with.

Source: Samsung + Microsoft | Via: SlashGear