PriceLine Settles Patent Dispute Over Online Advertising Technology

Law360, New York (August 23, 2005, 12:00 AM EDT) -- InternetAd Systems LLC, the Illinois-based subsidiary of patent holding firm Acacia Technologies, has wrenched a settlement out of defendant PriceLine.com in a patent dispute over a feature common in online advertising.

The settlement eases Connecticut-based PriceLine out of InternetAd’s sweeping litigation campaign, which named British Airways, Continental Airlines and two international hotel groups as defendants in U.S. District Court Northern District of Texas.

The patents in this case relate to several now-common functions of websites. They cover interstitial advertising features, which allow ads and other information...
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