Intuit Reaches Deal In Alcatel-Lucent Web Patent Suit

Law360, New York (April 19, 2010, 12:48 PM EDT) -- Tax preparation and accounting software company Intuit Inc. has reached a deal to end its involvement in a lawsuit brought by Alcatel-Lucent USA Inc. against Inc., Kmart Corp., Sears Holding Corp. and others over patents related to e-commerce and search engine technology.

Alcatel-Lucent USA and Mountain View, Calif.-based Intuit filed a joint motion for dismissal with prejudice in the U.S. District Court for the Eastern District of Texas on Friday.

The motion seeks the dismissal of all claims and counterclaims between the plaintiff and Intuit,...
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