Eftpos terminal manufacturer Ingenico has agreed license terms with NCR in an out-of-court settlement of a signature capture patent suit.
The agreement, which contains a cross-license provision, will enable Ingenico and its customers to continue incorporating NCR's signature capture features into its touch screen-based payment and electronic signature capture terminals.
Ingenico had initally disputed a lawsuit filed by NCR in December last year claiming patent infringement. Terms of the settlement have not been revealed.
Lloyd Baylard, vice president and general manager of Ingenico's retail solutions organisation described the agreement with NCR as "fair".
Pete Bartolotta, vice president, product management, for NCR's retail solutions division, states: "We are pleased with Ingenico's recognition of the intellectual property that NCR contributes to the retail industry."