Apple has agreed to pay $24.9 million to Rensselaer Polytechnic Institute to settle a lawsuit over the creation of Siri. The virtual voice activated personal assistant debuted in October 2011 with the unveiling of the Apple iPhone 4s. The lawsuit states that Rensselaer held Siri’s patent and had licensed it exclusively to a Dallas firm called Dynamic Advances.
The settlement calls for Apple to pay Marathon Patent Group, parent company of Dynamic Advances, $5 million as soon as the lawsuit is dropped.