If geeks love it, we’re on it

Amazon Pays $40m To Settle Patent Case

Amazon Pays $40m To Settle Patent Case

Amazon has settled its 12-month legal case with Soverain Software with a payment of $40m, according to documents filed with the Securities and Exchange Commission.

Soverain filed a case against Amazon in January last year for intellectual property theft, and jury selection was due to start next week. Amazon has also agreed to license some of Soverain’s software as part of the deal.

Source: Vnunet

Comments

Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!