International Game Technology (IGT) has reached an agreement with Australian gaming machines supplier Aristocrat Technologies in its ongoing patents war, according to a statement from the company. After a long litigation process, the two parties were able to reach a cross-licensing agreement that will allow both companies to offer the disputed products with certain royalty obligations.
Aristocrat Chief Executive Jamie Odell told eGaming Review that the resolution “acknowledges the strength of each company’s intellectual property,” adding that the “settlement with IGT will now allow us to focus on our intellectual property efforts against other parties.”
Litigation between the two companies began in 2006 when Aristocrat sued IGT in US District Court over patent disputes with Aristocrat’s Hyperlink and IGT’s Fort Knox products. The legal battle escalated when IGT sued Aristocrat over patents relating to the authentication of software in slot machines.