curtwoodward writes "Intellectual Ventures, the controversial patent middleman company headed by former Microsoft CTO Nathan Myhrvold, has settled one of the first lawsuits it ever filed. This legal spat was with two Asian firms: South Korea-based Hynix and Japan-based Elpida. It also involved a complaint to the International Trade Commission, which roped in downstream customers including Dell and H-P because they used components from the two manufacturers. The terms weren't disclosed, but it seems quite likely that Intellectual Ventures was able to get the licensing fees it always wanted: The company's head lawyer is quoted praising the two former adversaries, and explaining once again that the company wants to license its patents instead of heading to court."
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