Copyright 2007, Traffic World, Inc.
UPS settled a lawsuit with Telematics Corp. over patents on technology used in vehicle tracking and mapping software.
Telematics had sued UPS in the U.S. District Court for the Northern District of Georgia in Atlanta. Details of the Dec. 3 settlement were not disclosed.
The patents in question relate to systems and methods for displaying mobile vehicle information on electronic maps.
Telematics'' parent company, Acacia Research Corp., obtains patent licenses and often sues companies - especially big ones - for violating them.
On the same day that UPS settled with Telematics, Acacia settled a lawsuit against Financial Systems Innovation and its parent company, Sharper Image, for violating a patent on credit card fraud protection technology.
In the past few weeks, the company has also settled similar lawsuits with @Road, Xata, AT&T, Universal City Studios and Shell Oil.
U.S. law gives a patent holder a 20-year monopoly for an invention from the date the application is filed.