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.
Want to discuss this story? Join the Yahoo, Google settle patent, share dispute discussion at the Search Engine Watch Forums.
|Featured Discussions In Our Forums|
|Live Reports from Search Engine Strategies - San Jose 2004|
|SES San Jose Coverage: MSN's approach on Multilingual Search Markets|
|Anyone using geo-tagging?|
|SEMPO Meeting at SES San Jose 2004|
NOTE: Article links often change. In case of a bad link, use the publication's search facility, which most have, and search for the headline.
The Original Search Marketing Event is Back!
SES Denver (Oct 16) offers an intense day of learning all the critical aspects of search engine optimization (SEO) and paid search advertising (PPC). The mission of SES remains the same as it did from the start - to help you master being found on search engines. Register today!