Documents filed with the Northern District Court of California this morning indicate that both parties have agreed to drop and settle the remaining claims and counter claims in their legal battle.
The case dates back to 2011, when Apple, under the direction Steve Jobs, vowed to launch the legal equivalent of "thermonuclear war" against Samsung and other Android phone vendors Apple was convinced were ripping off designs it had patented for the iPhone. Apple declined to comment any further on the terms of settlement, but insisted that it "cares deeply about design" and that the case was more than just the money.
The Court filing also states that the "remaining claims and counterclaims in this action are hereby dismissed with prejudice", and another case can not be filed on the same claim.
All told, Samsung products were found to have infringed three of Apple's design patents - including a form factor featuring rounded corners - and two of Apple's utility patents. "It is important that we continue to protect the hard work and innovation of so many people at Apple", the iPhone maker said in a statement. Samsung would need to make an additional payment to Apple of almost $140 million if the verdict was upheld. While Apple scored a major public relations victory with an initial $1 billion verdict in 2012, Samsung also obtained rulings in its favour and avoided an injunction that would have blocked it from selling phones in the United States market, Risch said.
Samsung had previously paid Apple $399 million to compensate for patent infringement.
"Dang! I figured the kids I've been raising since this thing started would have time to grow up, go to law school and work on this case someday."