Verizon has struck an agreement with Broadcom to use the powersaving
patents found in Qualcomm chipsets, effectively allowing Verizon to develop
and import new devices.
The agreement is set at $6 per device at at a cap of $40 million per
quarter leading to a maximum lifetime payment of $200 million while Verizon will
cease efforts to overturn the ban by the ITC and halt support for
development of a workaround to the infringing patents with Qualcomm. Other terms of the agreement remain confidential.
As a part of this new agreement Verizon and Broadcom will work together on
development of implementations of Bluetooth, Wi-Fi, Multimedia over Cable, DSL equipment, set-top boxes, and GPS technologies through a strategic alliance.
