NVIDIA and Samsung Agree to Settle All Outstanding IP Litigation

SANTA CLARA, CA--(Marketwired - May 2, 2016) - NVIDIA (NASDAQ: NVDA) and Samsung have agreed to settle all pending intellectual property litigation between the two companies, NVIDIA announced today.

The agreement will lead to the immediate dismissal of all pending IP litigation in U.S. district courts, the U.S. International Trade Commission and the U.S. Patent Office between the companies.

The settlement includes the licensing of a small number of patents by each company to the other, but no broad cross-licensing of patents or other compensation. Further details of the agreement are not being disclosed.

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NVIDIA (NASDAQ: NVDA) is a computer technology company that has pioneered GPU-accelerated computing. It targets the world's the most demanding users -- gamers, designers and scientists -- with products, services and software that power amazing experiences in virtual reality, artificial intelligence, professional visualization and autonomous cars. More information at http://nvidianews.nvidia.com/.

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