(Bloomberg)– Groupon Inc., No. 41 in the Internet Seller 2018 Top 1000, developed its online coupon service on the back of International Company Machines Corp.’s e-commerce creations without approval, lawyers for IBM stated at the start of a federal trial looking for damages for patent infringement.IBM is asking jurors to award the company$166.5 million for utilizing four patented innovations. That figure is expected to be a point of contention throughout the trial in U.S. District Court in Wilmington, Delaware.< a href=http://
an essential triumph against patent trolls, however the battle is not over
James Melton|
Armonk, New York-based IBM reached a confidential settlement in December 2017 with Priceline.com, part of exactly what now is called Reservation Holdings Inc., on three of the same four patents. U.S. District Judge Leonard Stark, who is also commanding the IBM-Groupon trial, ruled in October that Priceline didn’t infringe the 4th patent. IBM attracted the Federal Circuit. IBM is appealing.IBM has won one of the most U.S. patents in each of the previous 25 years, consisting of a record 9,043 in 2017. The business reported $1.19 billion in intellectual-property licensing income in 2017. advertisement IP licensing contributes less than 2%to IBM’s revenue, however is
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