eBay Settles With Its Patent Troll
The parties are not disclosing the terms, but eBay says it is acquiring the patents in question, plus a license to another search-related patent portfolio not involved in the lawsuit. At one point, a federal jury had ordered eBay to pay MercExchange $25 million in damages.
eBay employees and alums will recognize this case as a persistent thorn in the side of the company over the past few years. I was always surprised that this didn’t get settled sooner, but then again I was even more surprised that the American patent system would permit something like this to exist in the first place.
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