BMW, EBay Settle Out Of Parallel Web Patent Spat

Law360, New York (October 26, 2010, 4:19 PM EDT) -- BMW of America Inc. and eBay Inc. have become the latest defendants to bow out of a Parallel Networks LLC infringement suit against nearly three dozen companies over a widely asserted Web communications patent.

Judge Leonard Davis of the U.S. District Court for the Eastern District of Texas on Monday dismissed all infringement claims against BMW and eBay, as well as counterclaims against Parallel Networks, after the companies notified the court that they had hammered out agreements to resolve the litigation.

The patent-holding company filed suit...
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