NEW YORK (Reuters) - Technology giant Hewlett-Packard Co. Inc. said on Sunday it had settled patent litigation with Taiwan-based computer maker Acer .


The confidential settlement agreement resolves all claims asserted in three federal court lawsuits and two US International Trade Commission investigations between the parties.

Last October, Acer said it had sued Hewlett-Packard Development Co. for patent infringement, alleging violation of seven patents.

HP, the world's top PC maker, sued Acer the previous March for patent infringement, aiming to stop the Taiwan firm from selling some products in the United States. That drew a countersuit from Acer in July.

As a result of the settlement agreement, each action concerning Acer and HP will be dismissed, the two companies said.

(Reporting by Christopher Kaufman)


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