Monday, July 02, 2007

SanDisk, Ritek settle flash memory case

SanDisk and Ritek have settled a litigation over flash data memory devices.

ITPro wrote:

Storage companies SanDisk and Ritek have settled their patent dispute which will see the two companies enter into an agreement on royalty bearing cross-licenses.

All further patent infringement litigation against Taiwan-based Ritek has also been dropped. The terms and conditions of the deal remain undisclosed.

The deal will see the Taiwanese firm be the only manufacturer in its country to produce flash cards, USB flash drives and storage systems licensed by SanDisk.

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