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Share Name | Share Symbol | Market | Type |
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Booking Holdings Inc | NASDAQ:BKNG | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
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104.47 | 3.01% | 3,577.38 | 3,584.38 | 3,597.00 | 3,748.21 | 3,566.91 | 3,700.00 | 535,237 | 01:00:00 |
ARMONK, N.Y., Dec. 28, 2017 /CNW/ -- IBM (NYSE: IBM) today announced it has reached agreement to resolve the patent lawsuit between IBM and The Priceline Group (NASDAQ: PCLN) pending in the United States District Court for Delaware. As part of the confidential settlement, the parties will obtain patent cross-licenses to each company's worldwide patent portfolio.
"IBM takes pride in its reputation and track record for innovation. This agreement further demonstrates the value of our intellectual property that results from this innovation," said Dr. William Lafontaine, general manager of Intellectual Property for IBM. "We are pleased this matter has been resolved through negotiation and licensing."
Contact:
Doug Shelton
914-255-8115
doshelton@us.ibm.com
View original content with multimedia:http://www.prnewswire.com/news-releases/pricelinecom-and-ibm-settle-patent-lawsuits-300575939.html
SOURCE IBM
Copyright 2017 Canada NewsWire
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