Visto erased one of its patent lawsuits Tuesday, settling all claims against Seven in exchange for a licensing deal.
Last year Visto won a jury verdict against Seven, as well as $7.7 million in damages and an injunction against the sale of Seven's products that was stayed pending appeals. At the time Seven had expressed hope of overturning Visto's patents, but it has since thrown in the towel and will now license Visto's patent portfolio, the two companies announced in a press release Tuesday.
Sound familiar? It seems that patent lawyers are making just as much … Read more