IGT and Bally Technologies Settle Patent Litigation

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Wed, October 31, 2012

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IGT and Bally Technologies Settle Patent Litigation

[ Thu, Oct 25th 2012 ]: Market Wire

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IGT and Bally Technologies Settle Patent Litigation

//science-technology.news-articles.net/content/2 .. bally-technologies-settle-patent-litigation.html

Published in Science and Technology on Thursday, October 25th 2012 at 13:16 GMT by Market Wire
^{🞛 This publication is a summary or evaluation of another publication}

IGT and Bally Technologies Settle Patent Litigation -- LAS VEGAS, Oct. 25, 2012 /PRNewswire/ --

LAS VEGAS, Oct. 25, 2012 /PRNewswire/ -- International Game Technology (NYSE: [ IGT ]) and Bally Technologies, Inc. (NYSE: [ BYI ]) announced today they have entered into a Settlement and License Agreement that will end their pending patent litigation in the case styled IGT v. Bally Gaming Int'l, Inc., Civil Action No. 1:06-cv-00282-SLR (D. Del.). As part of the settlement agreement, Bally will obtain a patent license to IGT's bonusing portfolio under confidential terms and will dismiss its counterclaims with prejudice.

IGT Resources:

About IGT

[ International Game Technology ] (NYSE: IGT) is a global leader in casino gaming entertainment and continues to transform the industry by translating casino player experiences to social, mobile and interactive environments for regulated markets around the world. IGT's recent acquisition of DoubleDown Interactive provides engaging casino style entertainment to more than 5 million players monthly. More information about IGT is available at www.IGT.com or connect with IGT at [ @IGTNews ]or [ http://www.facebook.com/IGT ]. Anyone can play at the DoubleDown Casino by visiting [ http://apps.facebook.com/doubledowncasino ] or [ http://www.doubledowncasino.com/ ]

SOURCE IGT

RELATED LINKS
[ http://www.igt.com ]