SES Chicago - December 7-11, 2009
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Google, Yahoo Settle Patent and Share Disputes

Google and Yahoo announced today that they have resolved two contentious issues between the companies.

Under the terms of the agreement, Google will license U.S. Patent No. 6,269,361 and several related patents, held by Yahoo's wholly-owned subsidiary, Overture. Yahoo also dismissed its patent lawsuit against Google.

The lawsuit was originally filed in April 2002 by Overture, alleging infringement on Overture's patent on bid for placement search ranking and account management tools.

The two companies have also resolved a dispute regarding shares issuable to Yahoo related to a 2000 services agreement.

To resolve the dispute, Google issued an undisclosed number of shares of its Class A common stock to Yahoo.

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Biography
Chris Sherman
Chris Sherman is a frequent contributor to several information industry journals. He's written several books, including The McGraw-Hill CD ROM Handbook and The Invisible Web: Uncovering Information Sources Search Engines Can't See, co-authored with Gary Price. Chris has written about search and search engines since 1994, when he developed online searching tutorials for several clients. From 1998 to 2001, he was About.com's Web Search Guide.
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