Peloton, NordicTrack maker iFit settle all litigation
Abstract：NEW YORK (Reuters) – Peloton Interactive Inc and NordicTrack maker iFit said on Monday they have reached a comprehensive settlement to end all pending litigation between them, and that the litigation will be dismissed.
div classBodysc17zpet90 cdBBJodivpNEW YORK Reuters – Peloton Interactive Inc and NordicTrack maker iFit said on Monday they have reached a comprehensive settlement to end all pending litigation between them, and that the litigation will be dismissed.p
pIn a joint statement, the companies said Peloton agreed to license some iFit patents concerning remote control technology, while iFit will remove some ondemand leaderboard technology from its products. pdivdivdiv classBodysc17zpet90 cdBBJodiv
p
pp Reporting by Jonathan Stempel in New Yorkp
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