The design by watchmaker Mondaine was pretty clearly not Apple’s invention and the the SBB threatened to look for "an amicable agreement and compensation." And now, a month after the story broke, we have the agreement.
“The
Swiss Federal Railways SBB and Apple have reached an agreement on the
use of the SBB station clock on devices like iPad and iPhone. That the
two parties have governed in a license agreement,” the railway operator
said in an official statement.
That licensing agreement is definitely costing Apple something, but none of the two companies would say how much. Well, at least we have one more issue settled.
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