Pharrell and will.i.am have reached a settlement over the trademark of "i am OTHER." According to The Hollywood Reporter, the two sides are drafting the settlement agreement. The terms aren't known.

As we reported earlier, will.i.am sued Pharrell over his "i am OTHER" brand, claiming that he owns the right to the phrase "I AM." The Black Eyed Peas frontman claimed that Pharrell's brand is "confusingly similar" to his, according to Rolling Stone. 

"I AM disappointed that Will, a fellow artist, would file a case against me. I AM someone who likes to talk things out and in fact I attempted to do just that on many occasions. I AM surprised in how this is being handled and I AM confident that Will's trademark claims will ultimately be found to be as meritless and ridiculous as I do," Pharrell said  said in a statement at the time. 

[via THR]

RELATED: Will.i.am Takes Legal Action Against Pharrell Over "i am OTHER"