Mobile technology giant Qualcomm has agreed to pay smaller competitor Broadcom some $891 million over four years to settle a series of long-running—and very bitter—technology patent disputes between the company. Under the deal, the companies will dismiss all patent litigation between them, and agree not to assert patents against each other’s chip products and selected other products and services; Broadcom will also withdraw its complaints to the European Commission and the Korea Fair Trade Commission over Qualcomm business practices.
In return, Qualcomm will pay $200 million to Broadcom in the current fiscal quarter, and a total of $891 million over four years. No payments are currently scheduled beyond the first.








