Did you hear?... Columbia and Nike announce they have reached an "Amicable business resolution"

Columbia Footwear, maker of JiBS Footwear brand, and Nike announced yesterday that they had reached an, "Amicable business resolution of a patent infringement dispute that had been ongoing since February of 2001."
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Columbia Footwear, maker of JiBS Footwear brand, and Nike announced yesterday that they had reached an, "Amicable business resolution of a patent infringement dispute that had been ongoing since February of 2001." In the release, JiBS president Ivan Davidowitz stated that, "I am pleased that we were able to reach an agreement between our two companies on the patent issue at hand. Our intellectual property portfolio for our footwear is an important asset of the company." Terms of the settlement, or even what the dispute was even about, were not released. SNEWS® View: Here's what happened as best as we can determine from our research, which was made more difficult since the case never ended up in court, thankfully. Columbia Footwear holds 11 patents related to its JiBS Splog footwear. One patent, number 5884419, awarded in March 1999, is an update of a 1997 patent, and references a Nike ACG shoe and letter sent to the company on May 18, 1998. The patent is quite specific and states, "A clog type shoe which includes a sole and an upper attached to the sole. The upper includes an opening through which a foot can be placed. A drawstring tunnel is formed to encircle the opening and a drawstring is threaded through the drawstring tunnel …" Nike ACG has been producing a shoe with a drawstring closure around the ankle, the Air Moc, since 1997. We would assume that this is the shoe Columbia Footwear was miffed about. Though neither company was confirming or denying our questions, we would also assume that the result of this settlement is that Nike will stop producing any footwear with a drawstring closure around the ankle.

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