May 11 (Reuters) - Interdigital Inc:
* Says on May 9, co entered into settlement agreement and release of claims with Microsoft Corp
* Says pursuant to settlement agreement parties have agreed to terms for resolving all of their existing disputes
* Interdigital - parties also entered into framework for future discussions for patent license agreement and regarding technology collaboration in key areas
* Interdigital - pursuant to settlement, in exchange for cash and other commitments from Microsoft, interdigital has agreed to limited release on past sales of certain Microsoft products
* Says the certain Microsoft products include Nokia terminal units sold during a limited period of time
* Interdigital says Microsoft,co agreed to terms for dismissal by them, Nokia of outstanding litigation,other proceedings among them,affiliates Source text: (http://bit.ly/2q5S2Kl) Further company coverage:
