Big Law

IBM and Chewy Agree to End Patent Dispute Over Internet Ad Technology

International Business Machines Corp IBM.N and Chewy CHWY.N have agreed to end a patent infringement lawsuit from IBM over the online pet-food seller’s advertising technology, according to a filing in New York federal court.

The companies asked the court on Monday to dismiss the case with prejudice, which means it cannot be refiled. An IBM spokesperson declined to comment. Representatives for Chewy did not immediately respond to requests for comment and more information, including whether the lawsuit had been settled.

The case began when Dania Beach, Florida-based Chewy sued IBM in 2021, seeking a judgment that its website and mobile app’s targeted advertising did not infringe IBM’s patents. Chewy said it rejected a $36 million licensing offer from IBM and accused the tech company of seeking “exorbitant licensing fees for early Internet patents having no value.”

Read the source article at Nasdaq

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