Microsoft settles lawsuit over Xbox
Seattle PI | at | by Mike
Microsoft said Thursday it settled a patent-infringement suit in which a New York company was demanding $90 million in royalties on the Xbox video game system.
Financial terms weren't disclosed, Microsoft spokesman David Bowermaster said, adding that it was an "amicable agreement." The settlement cuts short a trial that started this week over the suit, filed by closely held PalTalk Holdings Inc.
"The parties have settled the case, and PalTalk is quite pleased with the outcome," Max Tribble, a PalTalk lawyer, said in a phone interview.