Ikea Becomes Latest To Settle With Orion

Law360, New York (October 3, 2007, 12:00 AM EDT) -- Home products giant Ikea North America Services LLP on Friday reached a settlement agreement with patent-holding company Orion IP LLC, which had sued Ikea, along with 80 other companies, for allegedly infringing its patents on computerized sales methods.

The two companies stipulated Ikea's dismissal from the case in a motion filed Tuesday in the U.S. District Court for the Eastern District of Texas. The settlement agreement is not publicly available, and neither company's counsel could immediately be reached for comment on Wednesday.

Orion accused Ikea, along...
To view the full article, register now.