Home > Industry > Groupon Pays IBM $57M Over Suit

Groupon Pays IBM $57M Over Suit

Online marketplace Groupon said it will pay US$57 million to IBM to settle an intellectual property dispute.

Big Blue’s lawsuit had alleged that Groupon used its patented e-commerce technology without authorisation. 


Two of the IBM patents at issue in the case relate to Prodigy, a late-1980s precursor to the Web. The settlement also includes a long-term patent cross-licence agreement between the companies.


An IBM licensing executive testified that Amazon, Facebook, Google, LinkedIn and Twitter have each paid IBM $20-50 million as part of cross-licensing deals that gave them access to the patent portfolio.


In 2017, IBM generated about $1.2 billion in revenue from its licensing activities.

You may also like
Intel Evo 4.0 New High-Res Webcams
Chip Battle Between Intel And Apple Set To Heat Up
White House Blocks Intel’s Chinese Foundry Plans
Intel Lose Market Share To AMD, As ChromeBook Demand Falls
Apple Discontinues Popular iMac Model