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Business News » World News

Groupon to pay IBM $57 million to settle U.S. patent dispute

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Updated: Mon, Oct 01, 2018
10:45 pm
Reuters

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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