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Groupon to pay IBM $57 million to settle U.S. patent dispute
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Online marketplace Groupon Inc on Monday said it would pay $57 million to International Business Machines Corp to settle an intellectual property dispute.
IBM`s lawsuit, filed in U.S. court in Delaware in 2016, alleged Groupon used IBM’s patented e-commerce technology without authorization.
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
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