Nintendo, Creative Integrated Systems settle on $7M memory chip lawsuit
Posted on May 5, 2014 by Brian(@NE_Brian) in General Nintendo, News
In March, Nintendo of America and Creative Integrated Systems Inc. settled on a $7 million lawsuit.
Creative claimed that Nintendo infringed upon their read-only memory chip patent, filed in 1990. The company insisted that Nintendo owed at least a 2 percent royalty per chip for damages of $7 million over a 15-year period.
The two sides eventually settled for undisclosed terms, which cut short the 11-day trial.
