Apple to pay Network-1/Mirror World $25 million to settle lawsuit

Network-1 Technologies says Mirror World Technologies, its wholly-owned subsidiary, has agreed to settle its patent litigation against Apple pending in the United States District Court for the Eastern District of Texas, Tyler Division, for infringement of U.S. Patent No. 6,006,22 (the '227 Patent).

Under the terms of the agreement, Apple will receive a fully paid up non-exclusive license to the '227 Patent for its full term, which expired in 2016, along with certain rights to other patents in Network-1's portfolio. Network-1 will receive $25 million from Apple for the settlement and fully paid up license.

The patent in question concerns a system for storing documents in a chronological stream akin to the way Apple’s Cover Flow, Spotlight and Time Machine in Mac OS X operate. The $25 million settlement comes after a legal battle that started in 2008, when Mirror Worlds accused Apple of infringing on four patents.In 2010, Apple was slammed with a $625 million judgment over the dispute. However, the following year, the Cupertino, California-based company won a reversal of the decision. The recent settlement involves only one patent included in the original complaint.