Apple and Samsung Settle Seven Year Patent Dispute

Apple and Samsung have finally settled settled a seven year patent dispute over allegations that Samsung copied the design of the Apple iPhone.

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. Settlement terms were not disclosed in the filing; however, Samsung was recently ordered by a jury to pay Apple $539 million in damages.

Plaintiff Apple Inc. and Defendants Samsung Electronics Co., Ltd., Samsung Electronics America, Inc., and Samsung Telecommunications America, LLC would like to inform the Court that they have agreed to drop and settle their remaining claims and counterclaims in this matter.

IT IS HEREBY STIPULATED AND AGREED, by and between the parties and subject to the approval of the Court, that pursuant to Federal Rules of Civil Procedure 41(a) and 41(c), all remaining claims and counterclaims in this action are hereby dismissed with prejudice, to the extent such are still pending, and all parties shall bear their own attorneys' fees and costs.

Check out the filings in full below.

[via MacRumors]