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
Huawei Chips Under Threat By ARM Withdrawal
Qualcomm, Intel Join Boycott As Huawei Offered Reprieve
ZombieLoad Security Flaw Affects Intel Chips
Intel Slashes Forecasts After Apple Debacle
Predator Reveal Updated Notebooks Heading Down Under