www.nytimes.com
By: The AP
May 9, 2007
Last year, IBM brought two lawsuits to court against amazon.com because their site was patented. IBM said that amazon.com infringed on 5 patents of theirs. However, later in 2006 amazon.com sued IBM and denied the charges, saying IBM infringed upon their patents.
However, on Tuesday, Amazon.com and IBM settled their patent-infringement lawsuits and they both signed a patent cross-license agreement. The article talks about how amazon.com will pay IBM a certain amount of money, therefore, they can use some of IBM's technology.
I believe what the two companies did to share the technology was a good idea. Sharing the technology will benefit both of them and no more lawsuits will be filed. Additionally, if they work together they can both be more successful in their industry.
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