Broadcom, Microtune Settle Lawsuits, Agree to License Patents

Broadcom said it has dropped all outstanding patent and antitrust litigation against Microtune. Instead, the two companies have entered into a separate patent cross-license agreement worth $22.5 million, "whereby patents claiming priority prior to the effective date of the license agreement are licensed for the lives of the patents, and patents filed within the next four years are licensed for ten years," the statement said.