March 2, 2011
Barnes & Nobl Settles Lawsuit With Spring Design
Barnes & Noble Inc. settled a lawsuit brought against it by Spring Design, which accused the bookseller of illegally copying a screen design for its popular Nook electronic book reader.
Spring is granting Barnes & Noble a non-exclusive license for all of its patents and patent applications under the agreement.
The company said Barnes & Noble later incorporated features of Alex into its Nook, breaching a nondisclosure agreement.
Barnes & Noble launched the first version of the Nook e-reader in 2009 to compete with Amazon.com Inc's market leader in the growing ebook market. Barnes & Noble claimed last week that it controlled 25 percent share of that market.
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