In an extremely brief statement, Acer says to have "settled all ongoing patent litigation with HP." The confidential settlement wraps up months of legal wrangling that kicked off in March of 2007 when HP accused Acer of infringing upon 5 HP patents related to "DVD editing, processing ability, and power consumption and efficiency." Acer then countersued, and so on. While it's unclear if any fault was admitted, we're certain that a handful of patent lawyers from both sides are sipping at their 60-year old Macallan in a fit of haughty disdain for corporate executives at this very moment.

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Acer settles with HP over patent litigation