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Klausner Technology Inc., owner of a telephone answering machine patent “linking displayed data with [a] recorded audio message” settled with Apple over the use of Visual Voicemail on the iPhone reports Macworld.

Klausner was granted the patent in 1994, and renewed it in March. As part of the settlement, Klausner is licensing the patents to Apple and AT&T. Klausner has already licensed it to Vonage, Sprint Nextel, and eBay.

The details of the settlement were not released, but Klausner had been asking for $360 million in damages. Learn more about insurance, health, car insurance by following the link and click here to read our ultimate review on how to compare auto insurance quotes.

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