Bose agrees to dismiss patent lawsuit against Beats

Bloomberg

Two Takes Default
Two Takes Default

Bose and Beats are engaged in a very public battle as both headphone makers vie for exposure, but their feud won’t be carrying over into courtrooms. Bose has agreed to dismiss a patent infringement lawsuit it filed against Beats back in July. The company originally claimed Beats had wrongfully stolen ideas covered by its patents on noise cancellation technology.

Bose Corp. and Apple Inc.’s Beats Electronics settled a patent dispute over noise-canceling headphones. Bose and Beats in joint filings told a U.S. court in Delaware they’ve settled their claims, and asked the U.S. International Trade Commission to terminate its investigation. Bose in July had petitioned the trade agency to block imports of Beats Studio and Beats Studio Wireless headphones over claims the company used its inventions without paying. Its lawsuit in Wilmington, Delaware, made the same claims. In May, Apple agreed to pay $3 billion to buy headphones and streaming-music service Beats in the company’s biggest-ever purchase.

 

NOTE: TECHi Two-Takes are the stories we have chosen from the web along with a little bit of our opinion in a paragraph. Please check the original story in the Source Button below.

Source
Two Takes RSS
Interested in TECHi Feed RSS?

Get the latest insights, tips, and updates on revolutionizing your workspace to your inbox.