Twitter says they have a good defense against IBM's allegations
Someone is trying to crash Twitter’s party ahead of the company’s initial public offering this week.The microblogging platform revealed on Monday that IBM has filed a suit against them, claiming Twitter infringed some of its existing intellectual property.
Considering Twitter only owns a handful of patents, investors actually feared this type of actions against the company could be taken. Now, their concerns have come to life as IBM seems adamant to take on Twitter at the worst time possible.
The data comes from Twitter’s latest S-1 amendment filing with the Securities and Exchange Commission.
“From time to time we receive claims from third parties which allege that we have infringed upon their intellectual property rights. In this regard, we recently received a letter from International Business Machines Corporation, or IBM, alleging that we infringe on at least three U.S. patents held by IBM, and inviting us to negotiate a business resolution of the allegations,” the filing reads.
The issue concerns three patents regarding efficient retrieval of uniform resource locators, methods for presenting advertising in an interactive service and programmatic discovery of common contacts.
Twitter doesn’t seem to be scared of giant tech company IBM and believes it has a good defense against the allegations.