You may remember a while back we talked about a patent infringement case going on between Nikon and Sigma. According to a new Nikon Press release, the matter has been resolved through a settlement.

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The patent infringement case, filed way back in 2011, had to do with Nikon accusing Sigma of breaching its patent rights on its Vibration Reduction (Image Stabilization) technology. The terms of the settlement have not been disclosed, but according to the release, Nikon estimates the financial impact of this settlement to be minimal.

It will be interesting to see how this all effects Sigma and their OS (Optical Stabilization) technology going forward. The settlement can’t have been too significant if Nikon is estimating a minimal financial impact, and Sigma is still making OS lenses (as far as we can tell) so there must have been some agreement reached which allowed Sigma to continue to use the technology – or Sigma just changed their OS tech enough to no longer run afoul of Nikon’s patents.

Around this time last year, Sigma had been ordered by the court to pay Nikon around 1.5 billion Yen ($14.5million); it was a decision that Sigma likely appealed, and rather than draw things out further, the two sides agreed on a settlement.

Regardless, it good to see this issue come to a resolution. Maybe now, Nikon and Sigma can both get back to doing what we want them to do, which is making quality products that we all want to use.

What are your thoughts on this news? Do you think Nikon let Sigma off easy? What do you think Sigma had to give Nikon? Leave a comment below and let us know that you think!

[via Nikon]