Verimatrix Settles Patent Suit

San Diego-based Verimatrix, a developer of digital rights management (DRM) software for the set top box market, reported Tuesday that it has settled a patent dispute with competitor Widevine Technologies. The firm said that the settlement covers litigation pending in the Eastern District of Texas, covering two Widevine patents, U.S. Patent Nos. 7,165,175 and 7,376,831. According to Verimatrix, Widevine has granted Verimatrix a license to the two patents and foreign counterparts, and that the firm made no admission as to infringement of the patents. Financial details of the settlement were not disclosed. The patent lawsuit was filed in August of 2007.