Nintendo and Philips have settled their differences over a little spat they had earlier in the year over patent infringements, putting a halt to further litigation.
Back in May, a judge found Nintendo guilty of infringing upon two patents help by Philips that included the rights to a “pointing device” which could be used to navigate menus with motion. Nintendo defended itself saying that the idea was “common general knowledge,” but the judge disagreed and ordered Nintendo to pay up.
Chief Intellectual Property Officer of Philips Brian Hinman issued a statement on the recently achieved settlement through its official website.
“We are very pleased to have reached this agreement with Nintendo. It demonstrates that both companies recognize the importance of intellectual property rights. It also shows the value of our extensive IP portfolio and our commitment to protect our significant investments in research & development.”
So hey, it’s all good guys! We’re all friends again! In fact, maybe Nintendo might even let Philips develop another Legend of Zelda or Mario game, you know, for old time’s sake! No word from Nintendo has been given on the settlement yet.