Forgent Networks announced on Monday that it has reached a settlement with respect to all remaining infringement claims that it had made in litigation relating to the JPEG standard of digital image processing, or '672 patent'.
The firm went after around 40 tech firms, including Microsoft, Research In Motion, Agfa, Canon, Dell, Eastman Kodak, Fuji, Macromedia, Xerox, Gateway, HP, and Toshiba.
Speaking with regard to the settlement, the terms of which are confidential, Forgent's Chairman and CEO, Richard Snyder announced that:
"We are satisfied with the resolution of this matter. Over the life of the '672 patent, we have collected in excess of $110M. Our focus now shifts to the November '746 patent claims construction hearing and the May 2007 jury trial and continuing to grow our NetSimplicity software business."
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