Back in 2009, Elan sued Apple over alleged infringement of a patent related to the detection of multiple-finger input as on the company’s iOS devices, notebooks, and several accessories. Apple counter-sued back in 2009 in an attempt to win the dispute. Then in 2010, Elan turned to the U.S. International Trade Commission to seek a ban on imports of Apple’s products, but the ITC ruled in Apple’s favor last year.
Today, Apple has reached a settlement with Elan Microelectronics Corp., in which the company will pay out $5 million. That may sound like a lot, but that is a relatively small payout for the company with over $80 billion in cash in the bank. Reuters reports that Taiwan-based Elan will also share patents with Apple as part of the settlement. Apple’s small payout comes months after the U.S. International Trade Commission ruled that Apple did not infringe on Elan’s patent. Elan had accused Apple of “knowingly and deliberately” infringing on its technology for products like the iPhone, trackpads and the Magic Mouse.
This settlement means that Apple has one less patent infringement lawsuit to deal with. Currently, the company is involved in patent infringement lawsuits with copy-cat Samsung, HTC, and Motorola.