Law360, New York (December 11, 2003, 12:00 AM ET) -- Software maker Beck Systems settled its patent dispute with rival Novadigm, Novadigm said Thursday.
Both parties have agreed to dismiss with prejudice their claims in the patent infringement lawsuit brought by Beck Systems against Novadigm.
Under the settlement agreement, Novadigm will pay Beck Systems $2,654,600 in three installments of $954,600, $900,000 and $800,000 in the third quarter of fiscal years 2004, 2005 and 2006, respectively.
Beck Systems filed its complaint against Novadigm and two of its customers in the United States District Court for the Northern...
Beck Systems, Novadigm Settle Suit Over Software Patents
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