Groupon, IBM Agree To $57M Post-Trial Deal In Patent Row

Law360 (October 1, 2018, 5:57 PM EDT) -- Groupon Inc. has agreed to pay IBM Corp. $57 million to end claims in Delaware federal court that Groupon infringed e-commerce patents dating to the early days of personal computing, vacating an earlier $82.5 million jury verdict, the companies announced Monday.

In late July, jurors returned a verdict following about six hours of deliberation that Groupon willfully infringed the patents and awarded the $82.5 million, which was about half of what IBM had sought in the case. But in September, Groupon called it a "runaway jury verdict," and asked the judge to toss the finding.

On Friday, both sides filed a...

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