(Telecompaper) Nvidia and Samsung have reached a settlement to settle all outstanding intellectual property litigation between the two companies. In a short statement, chip maker Nvidia confirmed that the deal will lead to the immediate dismissal of all pending IP litigation in US district courts, the US International Trade Commission (ITC) and the US Patent Office between the companies. Under the agreement, Nvidia and Samsung will license "a small number" of patents to each other, but there will be no broad cross-licensing of patents or other compensation. Samsung added in a separate statement that it was happy to resolve the dispute through a fair settlement.