Tivo (TIVO) and Microsoft (MSFT) Reach Agreement, Pending Litigation Dismissed

March 22, 2012 7:49 AM EDT
On March 21, 2012, TiVo (Nasdaq: TIVO) and Microsoft (Nasdaq: MSFT) reached an agreement whereby Microsoft has agreed to dismiss all of its pending litigation against TiVo, including its action in the United States International Trade Commission and both of its cases in the United States District Court for the Northern District of California.

In conjunction with these dismissals, TiVo has agreed to dismiss its counterclaim against Microsoft in the United States District Court for the Northern District of California. No patent rights were granted to Microsoft by TiVo.


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