Software Rights, IAC Resolve Web Search IP Fight

Law360, New York (July 27, 2010, 4:21 PM EDT) -- Patent-holding company Software Rights Archive LLC has dropped IAC Search & Media Inc. from its suit accusing Google Inc., Yahoo Inc. and other technology giants of infringing three patents for Internet indexing and display technology.

Magistrate Judge Charles Everingham IV of the U.S. District Court for the Eastern District of Texas dismissed SRA's claims against IAC with prejudice Monday, just days after the parties filed a stipulation of dismissal.

The judge also dismissed IAC's counterclaims without prejudice, as the parties' had requested in the stipulation. The...
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