S3 and Nvidia Settle

Rival 3D chipmakers Nvidia and S3 have come to a settlement in their ongoing patent infringement battle. The two companies settled their differenced by entering into a seven year agreement to cross license a broad range of the companies respective patents. As part of the deal, both companies will drop their pending patent infringement suits. "Based on our intellectual property strengths, S3 and nVidia rank as possibly the only two companies positioned to win long-term in the PC graphics market," said S3 chief technology officer Andrew Wolfe.