Fairchild Semiconductor International Inc. said Tuesday it has settled its legal dispute over patent rights with German rival Infineon Technologies AG, and the two have signed a cross-licensing agreement.
Fairchild said it will take a $6 million charge in the fourth quarter related to the deal. Infineon said it will get payments from Fairchild as a part of the settlement but did not give specific figures.
No further financial details were disclosed.
Fairchild and Infineon sued each other in Maine and Delaware courts in November of last year, alleging infringement on 14 different patents pertaining to chip technology.