Western Digital Settles Patent Lawsuit
Irvine-based Western Digital Corp. said Monday it has agreed to pay a licensing fee to a California technology company, Magnetic Media Development, to settle a civil lawsuit.
Magnetic Media sued Western Digital in July for allegedly infringing on four patents. Western Digital said the agreement, which was reached last month, settles all pending litigation between the two companies.
Western Digital officials declined to detail the settlement but said it would not have a material impact on the company’s bottom line.
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