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Google and Yahoo Settle Overture Lawsuit

Posted by simoniker on from the happy-again dept.

An anonymous reader writes "Google and Yahoo have apparently settled their ongoing lawsuit involving patented on-line ad technology owned by Yahoo subsidiary Overture. (U.S. Patent 6,269,361). According to reports, Google will issue 2.7 million common shares to Yahoo in return for a license. Read more about the infringement suit here. This move is expected to lower any potential downsides to Google's upcoming IPO."

3 of 106 comments (clear)

  1. what percent? by jtilak · · Score: 0, Redundant

    So what percent of Google will Yahoo own?

  2. Re:Some licence by Mateito · · Score: 0, Redundant

    RTFA?

    You must be new here.

    --
    Norman Cook's Ode to Sl
  3. Heh by ivan1011001 · · Score: 0, Redundant

    Pwned =P

    --

    I was thinking of converting to paganism, but where the hell can you find sacrificial virgins these days?