IBM And Sky Technologies Settle Patent Dispute

Law360, New York (April 4, 2006, 12:00 AM EDT) -- Sky Technologies LLC and International Business Machines Corp. have ended their legal battle and reached an agreement in a patent lawsuit involving online business technology that “facilitates multivariate negotiations among two or more parties.”

Sky, a Boston-based software company, had filed its lawsuit against IBM in the U.S. District Court for the Eastern District of Texas, accusing the Armonk, NY-based technology firm of patent infringement, breach of contract and misappropriation of trade secrets.

According to the settlement agreement, IBM has said it will license Sky’s technology...
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