Microsoft buys license to Paltalk Patents for Halo 2 and 3

The IP infringement lawsuit was filed initially on September 12, 2006. However, it took over two years for the patent dispute to go to trial, on March 9, 2009, and later in the month, Microsoft and Paltalk settled the matter out of court. As Microsoft agreed to pay Paltalk an undisclosed sum of money for the license […]

The IP infringement lawsuit was filed initially on September 12, 2006. However, it took over two years for the patent dispute to go to trial, on March 9, 2009, and later in the month, Microsoft and Paltalk settled the matter out of court. As Microsoft agreed to pay Paltalk an undisclosed sum of money for the license to use the two patents involved in the IP infringement dispute in Halo 2 and Halo 3. "After litigating with Microsoft for over two years to protect our intellectual property, it is gratifying to resolve this matter with Microsoft taking a license to Paltalk's patents," stated Jason Katz of Paltalk.

Source:→ Softpedia

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