updated 04:50 pm EDT, Wed October 2, 2002
Apple and Sorenson today announced the settlement of a pending federal court lawsuit that had been brought by Apple in April, 2002. The settlement provides for the dismissal of all claims and counterclaims, altough neither company has provided details on the settlement. Apple sued Sorenson in April 2002 claiming breach of contract with the release of Soreson Spark, which it said used technology that was restricted to QuickTime. Sorenson responded with a counterclaim in July using a memo sent from Steve Jobs as evidence that Apple did not have exclusive rights to the compression technology.