March 03, 2006
It was announced this week that Quantum Corporation has agreed to settle its patent infringement lawsuit with Sun Microsystems. This lawsuit, filed in April 2003, was brought by Storage Technology (StorageTek), and Sun acquired StorageTek during the litigation term (August 2005). StorageTek alleged that Quantum had infringed two of its patents, U.S. Patent Nos. 6,236,529 and 6,549,363 (both entitled "Optical servo system for a tape drive"), by Quantum’s use of this technology in its Super DLT™ tape drives. This settlement also resulted in a cross-license agreement between the parties, where Quantum will pay $20 million within the next few months and $5 million more over the next 5 years. According to Rick Belluzzo (Quantum’s Chairman and CEO), this agreement "demonstrates the commitment of Quantum and Sun/StorageTek to building a stronger business partnership centered on meeting customers’ storage and data protection needs."
Quantum Press Release: LINK
U.S. Patent No. 6,236,529: LINK
U.S. Patent No. 6,549,363: LINK
Quantum Press Release: LINK
U.S. Patent No. 6,236,529: LINK
U.S. Patent No. 6,549,363: LINK
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