HP and Acer Settle Patent Litigation

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HP and Acer Settle Patent Litigation

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HP and Acer Settle Patent Litigation
PALO ALTO, Calif. -- Jun. 8, 2008 HP (NYSE:HPQ) today announced that it has settled all ongoing patent litigation with Acer.

The confidential settlement agreement resolves all claims asserted in three federal court lawsuits and two United States International Trade Commission investigations between the parties. As a result of the settlement agreement, each action will be dismissed as to the parties.

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HP focuses on simplifying technology experiences for all of its customers - from individual consumers to the largest businesses. With a portfolio that spans printing, personal computing, software, services and IT infrastructure, HP is among the world's largest IT companies, with revenue totaling $110.4 billion for the four fiscal quarters ended April 30, 2008. More information about HP is available at http://www.hp.com.
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