IRVINE (dpa-AFX) - Broadcom Corp. (BRCM) Thursday said it reached a partial settlement and worldwide patent license agreement with Emulex Corp. (ELX), related to the patent litigation in the US Federal District Court in California.
Broadcom has agreed to dismiss certain infringement claims against Emulex, and also give Emulex license to Broadcom's certain US patents. In return, Emulex will pay Broadcom a release and license fee of $58 million in cash.
Copyright RTT News/dpa-AFX


