3Com to receieve $70 million payment from Realtek as part of patent settlement

3Com Corp. said Monday that Realtek Group will pay it $70 million as part of a settlement regarding the long-standing patent dispute between the two companies. On April 9, a jury awarded 3Com $45.3 million for past patent infringement by Realtek Semiconductor Corp. 3Com filed post-trial motions seeking enhanced damages and a permanent injunction. Upon satisfaction of Realtek's obligations under the agreement, the patent case will be dismissed. Shares of 3Com, a Marlborough, Mass.-based networking products provider, closed Friday at $2.01. By Ms.Bobby Aanand, Metropolitan Jury.

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