Westinghouse Suit Settled with VIZIO, Announces Patent Deal
Westinghouse has settled its patent dispute with VIZIO with Westinghouse Digital, LLC becoming a licensee under VIZIO’s QAM patent portfolio by virtue of a cross-license between the two companies. VIZIO owns a substantial worldwide patent portfolio directed to digital television technology. The parties have not disclosed financial terms of the agreement, under which Westinghouse has agreed to make royalty payments to VIZIO for sales of licensed products.
The signing of the QAM License with Westinghouse Digital, LLC also concludes actions brought by VIZIO.
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