Monday, July 30, 2018

IBM wins $83 million from Groupon in e-commerce patent fight; Chicago Tribune, July 30, 2018

Chicago Tribune; IBM wins $83 million from Groupon in e-commerce patent fight

"A U.S. jury awarded IBM $82.5 million after finding that Groupon infringed four of its e-commerce patents.

Friday's verdict is a boon to IBM's intellectual-property licensing business, which last year brought in $1.19 billion for the company, holder of more than 45,000 patents.

IBM sued Chicago-based Groupon for $167 million, accusing it of building its online coupon business on the back of the IBM e-commerce inventions without permission. Midway through their first full day of deliberations in Wilmington, Delaware, jurors sided with IBM, finding that Groupon infringed the patents intentionally. The ruling means the judge can increase the damages award."

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