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BKNG Booking Holdings Inc

3,577.38
104.47 (3.01%)
04 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
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
  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

Priceline.com And IBM Settle Patent Lawsuits

28/12/2017 10:19pm

PR Newswire (Canada)


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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 Corporation logo. (PRNewsFoto/IBM Corporation) (PRNewsFoto/)

"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

Cision 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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