Qualcomm’s License Agreement And Chipset Supply Agreement With Apple

Cravath has represented Qualcomm in high?stakes disputes and investigations around the world relating to the company’s patent licensing and modem chipset businesses.

Qualcomm agreed with Apple to dismiss all litigation between the two companies worldwide, with a settlement that includes a payment from Apple to Qualcomm. The companies also reached a global six-year license agreement, effective as of April 1, 2019, including a two-year option to extend, and a multiyear chipset supply agreement.

The Cravath team representing Qualcomm in connection with the litigation and the settlement agreement included partners Evan R. Chesler (Picture), Richard J. Stark, Antony L. Ryan, Gary A. Bornstein, J. Wesley Earnhardt, Yonatan Even and Vanessa A. Lavely. The Cravath corporate team representing Qualcomm on the commercial terms of the settlement agreement, and on the license agreement and the chipset supply agreement, included partners David J. Kappos, George E. Zobitz, Ting S. Chen and Sasha Rosenthal-Larrea.

Involved fees earner: Gary Bornstein – Cravath Swaine & Moore; Ting Chen – Cravath Swaine & Moore; Evan R. Chesler – Cravath Swaine & Moore; J. Wesley Earnhardt – Cravath Swaine & Moore; Yonatan Even – Cravath Swaine & Moore; David Kappos – Cravath Swaine & Moore; Vanessa Lavely – Cravath Swaine & Moore; Sasha Rosenthal-Larrea – Cravath Swaine & Moore; Antony Ryan – Cravath Swaine & Moore; Richard Stark – Cravath Swaine & Moore; George E. Zobitz – Cravath Swaine & Moore;

Law Firms: Cravath Swaine & Moore;

Clients: Qualcomm Ventures;

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Author: Ambrogio Visconti