Apple pays $100m to Creative in patent lawsuit settlement

Remember all that talk of Creative beating Apple to the punch with patenting various elements of the iPod's UI? Today these talks came to an end, with Apple whipping out the checkbook, and Creative (I'm assuming) throwing a party. That's right: Apple has shelled out USD $100 million to Creative for "a paid-up license to use Creative's recently awarded patent in all Apple products." Fortunately, Apple might be able to get some of that cash back if Creative is successful in suing their way to profitability licensing their patents to anyone else.

There is yet another bright side for Apple, however: Creative has also hopped on board the 'Made for iPod' program, and has a slew of accessories on the way for everyone's favorite little DAP, such as speaker systems, headphones and a family of X-Fi 'audio enhancement products.'

Isn't it great when everyone can just get along and play nicely together - especially when $100m says so? Check out Apple's press release for the rest of the details on the settlement.

[via MacMinute]