Bose and Beats to settle lawsuit out of court

In this rare occasion, two tech companies have decided to settle out of court instead of drawing out a patent lawsuit. Bose accused Beats earlier this year of violating five Bose patents on noise-canceling technology. Now, the two firms agreed to skip the hassle of going to court and agreed on an unspecified settlement. They have asked the International Trade Commission to stop investigations.

However, it doesn’t seem like the war over audio supremacy is far from over. Bose is enforcing strict exclusivity contract with the NFL and are slapping players with wrong headphones US$10,000 fines. There are also rumours that Apple plans to take out Bose products from its stores in the coming week.

Source: Engadget