Groupon to pay IBM $57M to settle patent dispute
Groupon will pay US$57 million to IBM to settle an IP dispute, following allegations the business used patented e-commerce tech without authorisation.
Groupon will pay US$57 million to IBM to settle an IP dispute, following allegations the business used patented e-commerce tech without authorisation.
A U.S. jury has awarded IBM US$83 million in a patent dispute with e-commerce company Groupon.
A lawyer for discount e-commerce company Groupon told a court in Delaware that IBM has shaken down practically every large tech firm for patent fees.
IBM has asked a U.S. jury to award it US$167 million in a lawsuit accusing Groupon of using patented technology without authorisation.
Innovation Awards 2023 is the market-leading awards program for celebrating ecosystem innovation and excellence across the technology sector in ASEAN.