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Groupon and IBM Choose Business over War

Groupon and IBM Choose Business over War

Groupon (GRPN) and IBM (IBM) recently settled their differences over patents, putting an end to a dispute that was on the verge of escalating. Groupon agreed to pay $57 million in damages to IBM to settle a jury ruling that had infringed on a number of IBM patents related to e-commerce. The jury awarded $82.5 million in damages to IBM in the case.