Business Services Industry
Data Storage Rivals EMC, Hitachi to Settle Patent Infringement Litigation.
Knight Ridder/Tribune Business News, March, 2003
By Ross Kerber, The Boston Globe Knight Ridder/Tribune Business News
Mar. 5--Market leaders EMC Corp. and Hitachi Ltd. yesterday said they agreed to settle patent infringement litigation, ending one of the sharpest disputes in the competitive data storage business.
Hopkinton-based EMC and its Japanese rival Hitachi also agreed to swap software code that would enable their hardware devices to operate together within the same networks, an important step for an industry that has been slow to develop open standards amid a slowdown in technology spending.
The two companies said their deal includes various cross-licensing agreements allowing use of the disputed patents and the payment of an undisclosed amount by Hitachi to EMC, reflecting...
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