Psystar Agree To Pay Apple $2.67 Million In Settlement Deal

Yesterday we told you that Apple [AAPL] and Psystar had agreed a settlement in the copyright case, well it looks like the details of the deal are out, as Psystar has agreed to pay Apple a total of $2.76 million for breach of copyright.

Psystar’s agreed to be deemed liable for illegally copying OS X Leopard, bypassing the OS X kernel encryption in violation of the DMCA, and breaching Apple’s EULA, all to the tune of $2,675,050. In return, Apple’s dropping its various trademark and unfair competition claims, and has promised to hold off on collecting any cash until the various appeals have run their course.

Psystar currently have around $50,000 in assets, so they obviously wont be able to pay Apple the damages and will probably file for bankruptcy again.

There are still cases to be decided in Florida, although it looks like it is a foregone conclusion that Apple will win these as well.

via 9 to 5 Mac