October 1, 2018 / 4:56 PM / 22 days ago

Groupon to pay IBM $57 million to settle U.S. patent dispute

Oct 1 (Reuters) - Online marketplace Groupon Inc on Monday said it would pay $57 million to International Business Machines Corp to settle an intellectual property dispute.

IBM's lawsuit, filed in U.S. court in Delaware in 2016, alleged Groupon used IBM’s patented e-commerce technology without authorization. (Reporting by Jan Wolfe)

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