Dispute over online negotiation technology resolved

IBM and Boston-based Sky Technologies announced today that they have settled a lawsuit brought by Sky Technologies alleging patent infringement, breach of contract and misappropriation of trade secrets.

Under the terms of the settlement, IBM has agreed to license Sky Technologies' patents and technology for conducting online negotiations. Financial terms of the agreement have not been disclosed.

Sky Technologies settled a similar lawsuit last year with i2 Technologies of Dallas. Under the terms of that settlement, i2 also agreed to license the firm's patents and technology.