CoStar Group says it has settled its years-long copyright infringement claim against its bankrupt and now defunct competitor, Xceligent. The commercial real estate data conglomerate reached a $10.75 million settlement with its competitor’s insurer, according to court filings. That’s a fraction of the $450 million CoStar initially sought. The two firms were at loggerheads in 2017, after CoStar alleged Xceligent had stolen thousands of images and proprietary material from its commercial real estate listings platform.
source https://therealdeal.com/national/2019/10/22/costar-reaches-11m-settlement-in-copyright-infringement-suit-against-xceligent/
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