updated 10:10 am EDT, Thu March 22, 2012
TiVo, Microsoft come to lawsuit agreement
Microsoft has now dropped its patent lawsuit against TiVo for allegedly violating its Mediaroom video purchasing and delivery patents. TiVo may have had to stop selling its set-top boxes in the US had Microsoft continued the lawsuit and been successful. The move was revealed by TiVo in an 8-K filing with the SEC, as it's needed to disclose this information to investors.
The full details of the agreement between Microsoft and TiVo aren't known, though it was made on March 21, and TiVo dropped its countersuit against Microsoft. Microsoft didn't grant any patent rights to TiVo.
Microsoft accused TiVo of infringing on four of its patents in what some have seen as primarily an attempt to slow a competitor in the Internet-aware DVR space. [via TheNextWeb]