Groupon loses $83 million patent dispute with IBM

A patent dispute between IBM and Groupon has ended badly for the local deals company. On Friday, a Delaware jury awarded IBM $83 million in damages for what it viewed as willful patent infringement on the part of Groupon, according to Reuters.

The trial put to the test IBM’s aggressive patent strategy, worth upwards of $1 billion a year in licensing revenue. Patents have become a valuable weapon for tech titans, which spend heavily on R&D, and then use patented IP to extract fees from rivals large and small.

source: https://www.fastcompany.com/90209701/groupon-loses-83-million-patent-dispute-with-ibm