
Apple agreed to settle a patent dispute with Burst.com on Wednesday, ending two years of litigation. Under the agreement, Apple will pay Burst.com $10 million and get access to Burst.com’s patent portfolio, with some exceptions, Burst.com said in a press release.
Apple won’t have access to four of Burst.com’s current and pending patents, including three pending patents relating to DVR (digital video recorder) technology. Court costs, expenses, and attorney’s fees will reduce the proceeds to Burst.com to $4.6 million.