Monday, July 16, 2012
SmartDrive, DriveCam Settle Patent Lawsuit
Two San Diego technology firms, SmartDrive Systems, and DriveCam, have settled a patent spat between the two companies this morning. According to the two, they have agreed to resolve all outstanding patent litigation and trade secret claims between the two companies. Financial terms of the settlement were not disclosed, however, the two said they have also agreed to cross-license their patents.