Cerence settles patent litigation with Samsung; receives $49.5M lump sum payment

Cerence Inc.

Cerence filed two patent infringement lawsuits against Samsung (Oct 2023, Mar 2024); Samsung counterclaimed in Jul 2024.
Parties entered cross-license agreement on Oct 28, 2025, resolving all disputes.
Samsung to pay Cerence one-time lump sum of $49.5 million.
Trials for Samsung I (Oct 2025) and Samsung II (Apr 2026) were settled before trial.

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