Hewlett-Packard will pay $141 million to software maker Intergraph to settle patent disputes.
The companies said in separate statements that they will immediately dismiss, withdraw or terminate all pending lawsuits while reserving the right to reinstate them. They also struck an agreement under which Hewlett-Packard is granted license to all Intergraph patents while Intergraph has license to all HP patents in fields covered by its current products.
Intergraph sued in 2002 claiming that Hewlett-Packard, Dell Inc. and Gateway Inc. violated patents related to systems using Intel Corp. chips. Related settlements were reached last year with Intel, Dell and Gateway.
Palo Alto-based Hewlett-Packard had been in litigation with Intergraph in both U.S. federal court and in the European Union.
“We believe that the settlement with HP is in the best interest of our shareholders, and we are pleased to have received a license to HP’s extensive patent portfolio for our fields of business,” said Intergraph President and Chief Executive Halsey Wise.