Timeline and Cognos Settle Patent Dispute

Law360, New York (February 13, 2004, 12:00 AM EST) -- Enterprise software maker Timeline has settled its patent dispute with Canadian rival Cognos and its U.S.-based subsidiary, the company said.

Each company has agreed to dismiss with prejudice its claims in the patent infringement suit brought by Timeline against Cognos, Timeline said.

Under the settlement agreement, Cognos will pay Timeline a settlement totaling $1.75 million and license certain of its patents. Neither party has admitted to any liability under or validity of the patents.

Timeline had sued Cognos in the U.S. District Court for Western Washington,...
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