MUMBAI: On Friday, 10 October, attorneys for Bose Corp. and Beats Electronics agreed to dismiss a patent infringement lawsuit filed by Bose back in July.

Bose claimed, in the suit, that Beats infringed on multiple patents of the company's noise-cancelling headphones. Bose even went as far as filing another complaint with the International Trade Commission (ITC). This was with the intention to stop distribution of Beats Studio and Beats Studio Wireless headphones in the U.S. However, attorneys for Beats had filed an unopposed motion asking that the Delaware lawsuit be put on hold, pending a final determination by the ITC. ITC is currently investigating Bose's claims. According to sources, Bose has a reputation for being particularly protective of its patents, trademarks, and brand.

Since launching five years ago, Beats has become a popular brand for audio equipment and has attracted the likes of Lady Gaga, Lil Wayne and Nicki Minaj, who have designed their own customised Beats headphones and speakers. Earlier this year in May, Apple announced that it was buying Beats Electronics for $2.6 billion in cash and $400 million in stock making it Apple’s most expensive acquisition to date.