Eagleview and Nearmap Reach Settlement in Patent Dispute
Summary
Eagleview and Nearmap have reached a settlement to resolve a patent dispute that was pending in the United States District Court for the District of Utah since 2021. The agreement, which includes confidential terms, brings an end to the litigation primarily concerning roofing measurement patents and other intellectual property matters. Both companies expressed satisfaction with the resolution, noting that it allows them to focus on their core business objectives and customer service. Eagleview's CEO, Piers Dormeyer, stated, "We are satisfied that this matter has been resolved," while Nearmap's CEO, Andy Watt, added, "We are pleased to put this matter behind us and move forward."
(Sourceļ¼Financialcontent)