Micro Focus International plc (LON:MCRO) agreed to pay Wapp Tech US$67.5mln to settle a patent dispute.
As part of the settlement, Micro Focus has been granted a fully paid-up, worldwide, irrevocable licence for the patents asserted by Wapp for current and future Micro Focus products and services, covering the company as well as its customers.
Wapp had accused Micro Focus of infringing three patents in connection with Micro Focus's manufacture and sale of certain products in the ADM product line, including LoadRunner and Performance Center.