Industry News & Trends

Autobytel and Dealix Enter Settlement Agreement?

This article popped up in my Gmail alerts this morning. Apparently this was old
news that finally came to a settlement. Not a huge deal here I just thought it
was slightly interesting to see two 3rd Party Lead vendors duke it out.

Autobytel and Dealix Enter Settlement Agreement

The Agreement Provides for Total Payments of $20 Million to Autobytel, Mutual
Releases, and License of Autobytel Patents and Patent Applications.

Here is the settlement article.

In 2004, Autobytel announced that it had filed a patent infringement suite
against Dealix Corporation. The company claims that the competitor is infringing
upon a patent it received in 2001 for matching customers and sellers in
purchasing goods and services over the Internet.

Founder of DealerRefresh - 20+ Years of dealership Sales, Management, Training, Marketing and Leadership.