DataTern Settles With AmEx Over Database Patent

Law360, New York (August 10, 2009, 11:06 PM EDT) -- DataTern Inc. has entered a settlement agreement with American Express Co. over a widely asserted patent covering database technology.

On Monday, DataTern asked Judge T. John Ward of the U.S. District Court for the Eastern District of Texas to sign off on the undisclosed settlement with American Express, which would dismiss with prejudice all claims and counterclaims, with each side bearing its own costs.

The plaintiff likewise settled claims last month against Wells Fargo & Co. but continues to assert U.S. Patent Number 5,937,402 against a...
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