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Wednesday, December 20, 2006
Autobytel, Dealix In Settlement
Irvine-based Autobytel and Redwood City-based Dealix said today they have entered into a settlement agreement over a lawsuit filed by Autobytel against Dealix. According to the firms, Dealix will pay Autobytel $20M in payments, and that the two will dismiss the litigation. Autobytel will license its patents to Dealix and The Cobalt Group. The lawsuit was filed in 2004.
posted on Wednesday, December 20, 2006
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