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IBM, Groupon Settle Patent Litigation

October 01, 2018

IBM and Groupon have settled all patent lawsuits between the companies for approximately $57 million paid to IBM and a long-term patent cross-license agreement between the companies.

Dr. William Lafontaine, IBM’s general manager of intellectual property, said: “IBM invests over $5 billion annually in research and development. This agreement further demonstrates the value of our intellectual property that results from this innovation. We're pleased this matter has been resolved.”

As part of the settlement, IBM will consider making available certain Groupon products and exclusives to its employee base as part of its corporate benefits offer.

“The license we have acquired to IBM's patent portfolio will enable Groupon to continue to build amazing products for consumers and small businesses around the world. We look forward to sharing these products directly with IBM employees,” said Bill Roberts, Groupon vice president of Global Communications.

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