AOL, MapQuest Settle API Data Patent Claims

Law360, New York (October 9, 2009, 12:30 PM EDT) -- API Technologies LLC has cut a deal with AOL LLC, MapQuest Inc. and other Internet firms in its suit targeting dozens of companies for allegedly infringing its data network patent.

The Texas-based company and defendants AOL, MapQuest, Bebo Inc. and Truveo Inc. filed a stipulated motion with the U.S. District Court for the Eastern District of Texas on Thursday seeking to dismiss all claims and counterclaims against one another with prejudice after the parties entered into a confidential settlement agreement.

The parties said they penned the...
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