Google, Apple Settle Longstanding Patent Dispute

NEW YORK (CBSMiami/AP) — Apple Inc. and Google Inc. have agreed to settle their lawsuits against each other regarding smart phone patents.

The two companies announced Friday they are dropping nearly two dozen lawsuits in U.S. and European courts against each other.

The lawsuits were based around the operating systems Apple uses for its iPhone and Google’s Android software as well patent infringement accusations from Motorola Mobility, which Google acquired two years ago.

The deal has no bearing on a separate patent issue: Apple’s lawsuits against Samsung Electronics Co., also regarding smartphone technology.

Apple and Google said in a joint statement that they would work together on patent reform and that the agreement does not include the cross-licensing of technology.

TM and © Copyright 2014 CBS Radio Inc. and its relevant subsidiaries. CBS RADIO and EYE Logo TM and Copyright 2014 CBS Broadcasting Inc. Used under license. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. The Associated Press contributed to this report.
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