Chip vendor MaxLinear Inc. said Friday it agreed to pay $1.25 million to Silicon Labs Inc. as part of an agreement to settle pending litigation between the two firms. As part of the settlement, the two companies also entered into a patent cross-licensing deal.
Under the terms of the settlement, each company granted the other a royalty-free license to its entire portfolio of patents, including future patents. The scope of the patent licenses is limited to existing products that were named in litigation between the companies, as well as future products that are substantially identical to those products, according to a regulatory filing made by MaxLinear.
As part of the settlement, the two companies also agreed to not to bring any patent infringement lawsuit against the other company for a period of three years.
MaxLinear (Carlsbad, Calif.) and Silicon Labs (Austin, Texas) exchanged patent infringement suits last year in federal court in California. In the suits, each firm claimed that the other marketed products that infringed its patents.
