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Sony, Fujifilm settle magnetic data tape fight

Aug. 01, 2019 4:02 PM ETSONY, FUJIF, FUJIYBy: Jason Aycock, SA News Editor1 Comment
  • Sony (SNE -1.8%) and Fujifilm (FUJIY +1.8%) have settled a lengthy fight over magnetic data tape, reaching a worldwide resolution agreement and cross-licensing deal.
  • That comes in the U.S. Court of Appeals for the Federal Circuit, Bloomberg reports.
  • The companies also filed documents with the International Trade Commission looking to rescind orders that limited imports of their data tapes.

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