TAIPEI, Taiwan (AP) -- Taiwan's Acer Inc. said Monday it has settled its yearlong patent infringement battle with rival Hewlett-Packard of the United States.
In a statement the company said the details of the agreement with the American computer giant were ''confidential.''
Acer said the agreement ''resolves all claims asserted in three federal court lawsuits and two United States International Trade Commission investigations between the parties,'' It added that all of the legal actions have now been dismissed.
Messages to Acer and HP offices in Taiwan were not immediately answered.
In March 2007 HP filed a lawsuit with the District Court for the Eastern District of Texas alleging that Acer had violated five patents covering technologies that included DVD editing, managing power consumption in portable computers and ways to use multiple microprocessor chips.
Palo Alto, California-based HP also filed another lawsuit against Acer in April at the International Trade Commission alleging infringement of four of the same patents.
Acer responded with a counterclaim of its own the following July, denying the patent infringement allegations, and saying HP infringed on patents issued to the Industrial Technology Research Institute, to which Acer possesses the rights.
HP is the largest PC company in the world, with a 19.1 percent market share during 1st quarter 2008, according to technology research firm IDC.
IDC placed Acer third, after Dell Inc., with a 9.9 percent share.